ES-On the last leg down

Since IVth waves are A-B-C structures, and the typical retrace of Wave B (which we're in) is 50% of Wave A, 2420 should be an area to watch for a potential Wave C (up). Obviously, B Waves can extend so caution is advised...but keep your shorts on for now, but prepare thyself for Long pants soon.

GL Y'all!

Chart PatternsTrend AnalysisWave Analysis

Penafian