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Sunday, December 3, 2017

Sunday, 12/3/17 update

Turns out that what was read as an ending diagonal 5th wave two weeks ago was in fact a leading diagonal 1st wave of that 5th wave.  And that 5th wave is now extending.

There is a potential resistance level in the ES 2665.00 - 2667.50 area, but the ES is right up against it with a lot of fuel in the tank so that level will probably be topped.  Next potential resistance is at ES 2733.00.  There are a bunch of 4th-5th wave unwinds necessary to resolve the count.  So there appears to be a distance yet to travel before a top can be considered.  Blow off top anyone?
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