9/21/14 -

ES is down 10+ so far tonight. Looks like that wave iii or c should be in the works. 

Here are the extension targets. I'll be watching the 2000-1995 levels first. 

9/19/14 - EOD Update

[8:14 PM] - After looking at my long term chart again, I think today's ATH may have completed wave iii of  the ED I have been tracking on the daily chart.

However, if the bulls show up and blast this higher, I have an extended wave 5 of [3] count to present. Won't do it unless the ED fails.

8;14 PM - Daily

[EOD Update] - I may have missed an opportunity to score some points to the downside for next week. Based on my 1 min chart, I'm expecting a wave iii or c down.

That downside may be limited based on the more bullish count on the 60 min chart.

However, I'm keeping an eye on the daily count, which has an ending diagonal in the works.

Have a great weekend.

1 Min 

60 Min 

Daily

9/19/14 - AM Update

[7:01 AM] - Another bullish option in yellow.

7:01 AM - 60 Min 

[6:58 AM] - We'll see what it does at the trendline, which is also at 2020.

6:58 AM - 60 Min 

[6:52 AM] - Looks like a good triangle breakout. Target is ~ 2020.

6:52 AM -  1 Min 

9/18/14 - AM Update

[11:28 AM] - Another view of this structure to incorporate the ascending triangle.

11:28 AM - 1 Min 

[7:58 AM] - Looking for a potential ED up here. It may still be working on wave {iii so we'll see how this plays out.

7:58 AM - 1 Min