The markets continue to consolidate and prepare (window dressing) for Friday's quarterly expiration. I've again made some adjustments to the labeling to reflect what the markets are actually doing.
Again not much to be added - the markets continue to consolidate and prepare (window dressing) for Friday's quarterly expiration. I've again made some adjustments to the labeling to reflect what the markets are actually doing. I don't expect the prep for Friday's expirations will be complete before Friday, and I therefore am looking for an additional leg down to finish the small sub-minuet 4th wave and yield to a sub-minuet 5th wave which should again move the markets to the new ATH's.
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