Chart 1 (blue) shows a potential 4th wave drawing to an end with a potential EDT. Trend line support rests around 1380-1390. Chart 2 presents tracking counts on squiggles.


[11am] SPX update -
Tracking counts to mirror those in ES (see 8am entry below). Also keeping an eye on the larger picture - bullish wedge or bearish descending triangle?


[8am] ES update -
Bullish wedge C (blue) and bearish terminal triangle 2/B (red)