Tuesday, November 26, 2024

ES Morning Update August 29th 2024

No breakout from NVDA yesterday so it's looking like the market is going to put in a low into this coming 3 day holiday weekend. That's perfect for a medium wave 4, inside a large wave 5 up. Next week I'd expect to see medium wave 5 up start, inside large wave 5, and hopefully that takes us into mid-September where we put in some final top before we drop hard into the election. Nothing more to add as we close out this week. Everything points to a breakout next week. We shall see.

Have a blessed day.

Red
Author: Red

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