Done or Not Done update. Updated charts below from yesterday's PS update. It is decision time for SPX. See charts.
[720am] ES update -
Last trading session before full moon on Sunday. ES "crashed" to a new low overnight - completing a small 9-wave decline from yesterday's high. Tracking counts in Chart 2. The overnight low can be potentially the red 5 or green C - a meaningful rebound next in this case. The overnight low can also me wave [d] of an further extended (blue) wave 5 or (green) wave C - watch for wave [e]-down of a potential EDT in this case. See charts.
