A strong three-wave recovery so far, breaking several resistance zones and approaching others (e.g. dynamic support at 2040, resistance at 2070), also leaving two gaps. See charts.
[1030am] SPX update -
ABC up in SPX so far. SPX and ES) are now at the underside of the ES EDT (see 850am update). See charts.
[850am] ES update -
ES continues higher, gunning for the red line which is the underside of a potential Brexit EDT (Chart 1). Above 2047.25 ES invalidates the potential LDT/EDT discussed yesterday (Chart 2).