Hadapan S&P 500 E-mini
Panjang

Wave 3 of (5) about to End, Slight Downturn Ahead

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The structure at the beginning of the fifth wave we are following was a bit difficult to make out at first but as we got more data it all indicates that we are having a third wave extension within the bigger fifth wave.

Assuming I am right about the above reading, I expect the market to rally on Sundays open, again establishing an all-time high and turning around violently either on the same day on sometime during Monday's early hours.

WE should get a corrective week if not a couple of weeks before we resume moving higher.

Penafian

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