[EOD] Stocks -
Chart 1 updates the larger count options - see yesterday's EOD update for discussion.
Chart 2 updates the squiggle count for the rebound. Other than the bullish count (
green), a potential post-triangle thrust up for a deeper 2nd wave rebound (
red) or a potential EDT for a completed 4th wave rebound (
purple). There could be some support for a 4th wave interpretation based on the wave structure in DAX (
Chart 3 to the right). We'll see what overnight action brings.
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[215pm] SPX update -
Other than the bullish count (green), we are looking at a 4th wave (purple[iv]) or a 2nd/B wave (red 2/B) rebound with decent channeling characteristics. See yesterday's EOD update and
chart 1 therein for the corresponding larger counts.
[850am] ES update -
see charts
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