Just a slight adjustment today from yesterday. The bears finally printed a clean, albeit small, five waves down. Either the next leg starts tomorrow at the shoot or a small bounce first at the open before resuming lower.
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| 3 Min |
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| 60 Min Bull |
The bulls are looking for a wave ii of 5 pullback unless 5 just shoots straight for 1590 and either double tops or truncates.
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| 30 Min Bear |
This is the last chance for the bear count. If you have been a patient bear, today may have afforded you the best chance to short this puppy with a clearly defined stop (1597) with minimal risk.
We'll see.
