looks like the 149 high was a large W5 high, and now a correction is underway. Looks like it should bounce back up to about 140 to 145, and then head down to about 115 (assuming it goes back down at 140.90.) From there, I believe a new wave 1 up will start.
Sooooo, I translate this to be that the market will likely bounce this week to resistance areas (3870 to 3900 on ES) and then take another leg down
Sooooo, I translate this to be that the market will likely bounce this week to resistance areas (3870 to 3900 on ES) and then take another leg down