ES Morning Update November 29th 2024
In my humble opinion today is the last day to get short before a nasty drop starts that should hit and pierce the 533.01 FP on the SPY in the next few weeks. Volume will be super light today and the market will close early (1pm EST I think?). I don’t expect to see much of anything happen… chop basically.
If we don’t make a new high, and I lean that way, then we should be on my Alternative Wave Count and the Small Wave B up will have completed on the 11/26 on the ES with a lower high. Other indexes have a “slightly” higher high, but I still think it’s a B wave up. Nothing more to say.
Have a blessed day.
Source: http://reddragonleo.com/2024/11/29/es-morning-update-november-29th-2024/
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