follow up to the 9am Gold update - potential extended fifth wave down if the larger flat count or a major top is in the money.
[EOD] Stocks -
The 60min chart updates the top three tracking counts - one bullish (blue), two bearish (red, purple).The 30min chart offers a close up.
The 1min chart offers a squiggle count, which suggest that the market is likely
(1) near the top of wave 3 from yesterday's low (green) or end of the initial impulse wave up (blue) based on the bullish interpretation.
(2) near the end of a double zigzag corrective rebound based on the bearish interpretation.
[240pm] SPX squiggles -
[1248pm] ES squiggles -
ES potential "wedge" to complete a 5-up from its nominal low. see 2nd chart below.
SPX post triangle (4th) thrust (5th)?
[1230pm] SPX squiggles -
tracking counts from the nominal low
[10am] SPX update -
[9am] Gold update -a potential expanded flat in Dec Gold, if the nominal high is not a major top.
[9am] ES update -
