[EOD Update]
Still tracking and still going...
[Intraday Update - 12PM EST]
Minor tweak to yesterday's squiggle tracking count. The question is whether the decline so far is a single large impulse ave
down or two legs down. Here is a tracking count on a single large
impulse wave down on SPX cash (which lacks the
extra volatility/waves present in ES).
The potential wave [4] invalidates at overlap with wave [1]. Potential triangle to alternate with [2]. Potential [5] is limited in size as [1] has extended.
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