Quite often ES-mini (futures that are traded overnight) and the original S&P 500 index (calculated only during regular trading hours) have slightly different wave count. This is why I count waves on two instruments independently. This is how the primary bearish count on SPX looks like: The Very bearish Daily…...
RTY has a clean bearish wave count: Bears can drive RTY down 1,652 – 1,600 in subwave c of wave -a- down. This is where it can be on the repeating corrective pattern / fractal:… This content is for Monthly Plan, Quarterly Plan, and Annual Plan members only.Login Join Now...
No change in the bearish Harmonic Elliott wave count of silver. During July – October 2022 silver produced a flat consolidation in a corrective wave (iv) up and now looks starting another leg down in wave ( v ) down. Normally wave (v) down has a clean (a) down, (b)…...
In the evening update I noted that ES may bounce before breaking down under 3,571. This morning we got a clean path for that bounce: PLAN A: Bulls have a clean bullish -i- up, -ii- down setup that allows them to push ES up to 3,680. The stop for that…...