Thanks ammo.. The Bears are still technically in control unless that larger +64 Alt gets taken out...
A chart always helps... 120min Es Globex 24 chart, (The day session chart has the Alt just above around 1419)
A measured move at the previous peak, wave i, and fifth wave of third wave. Is there wave five? It is tempting to take profit again here. Expect a -200, -20, -40 points correction soon.
If it goes Below the last correction of 4.5 (1309) then weakness apears. If its holds then the Bulls wont bail just yet 5min ES
While its quiet... Don't normally post these, fib number pressure points However there worth keeping an eye on, especially the on the cash index... Its +55 up from the swing low and -21 points down from the previous swing high...(1312-1313)
well Its bumped up against that larger Alt as posted from before... Day session gives the Alt @ 1319.5 area so its go a few points lee way for Mu's possable last wave...