Read the story here. Advertise at Before It's News here.
Profile image
By Red Dragon leo (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

ES Morning Update November 26th 2021

% of readers think this story is Fact. Add your two cents.

I hope everyone had a great holiday and didn’t over eat like I did… LOL. I did a chart update on the wave count Thursday night before the food in my stomach finally put me to sleep. I knew I wouldn’t feel like doing one Friday morning. On this chart I show the medium B wave up (mB) as complete, but the door is still open for them to run it higher of course if the want to. They will have to get past the light blue falling trendline on my chart, but even if they do I still don’t think we are going to see some new all time high. A lower high is the most we should see I think, and ideally we see it hit that blue trendling and rollover to start what I think will be a small wave 3 down inside a medium wave C, which should all end by Tuesday of next week at the latest I think.

Once complete it should end a large wave 2 down and then the large wave 3 up should take us into the new year. I covered that on Wednesday update so I’m not going over it again today. Remember that the market closes early, which I think is 2pm EST, but it could be 1pm EST… can’t remember. It should have light volume and be the last day for a short before a bigger drop happens. Not much else to add, so I’ll keep this update short and wish you all a great weekend.

This morning we see the futures lost the support zones from the rising purple trendline and dashed yellow trendline. It will be resistance on the way back up now for sure, and I see a FP on the SPY for 465, so that’s the target to look for when we do rally for what still should be the small wave 2 up inside the medium wave 3 down. I guess it was wishful dreaming to think we’d get the ideal short from the falling light blue trendline, but we all know they never make it easy for the bears. That’s the only changes really from what I already wrote… just the bounce level.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.