Friday, November 21, 2025

ES Morning Update October 24th 2025

From what I can tell yesterdays rally was a tiny C wave up inside a small wave 2, further inside a medium wave C down, inside a large wave 4 down. That's a mouth full of course, but if I'm right we'll see the start of a nasty drop today, which will be a small 3 down inside a medium C, inside large wave 4 down. It should complete by early-mid next week with a slightly lower low (50-100 points) then the October 10th low. Nothing more to add so I'll end it here.

Have a great weekend.

Red
Author: Red

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