12/4/12 - EOD Update [7:33 PM Update]

[7:33 PM Update]

ES

Lets see where she ends up in 11 hours. So far out of the wedge like cash.

EOD Update 

We should know by tomorrow where this is headed over the next few days.

5 min 

If red is in play here, the market should drop in a third wave down for c of gray (see 15 min below) or iii red per the 5 min above. They both mean the same thing at the moment.

However, if the bulls can hold today's low, there is a good chance that 1415 should be re-visited at minimum for the alternate bear option in red above and or the bull target should the bulls really try to gain some momentum back.

15 min