ES Morning Update January 8th 2024
I talked last week about a wave 2 bounce, which I wasn’t sure if it happened on the Thursday move up or not? Sure enough it turns out that the move up that day wasn’t the wave 2 as it occurred on Friday instead.
It was indeed intraday only, which keeps me on the bearish path as when a trend changes from Bullish to Bearish the wave 2′s and 4′s are short lived (like I mentioned last week). It’s likely that wave 2 is finished and we are about to start a nasty wave 3 down today, which could be the big drop (it should feel like a flash crash) that I still think is coming.
I’ve been off on the timing of it as I first thought it would happen into the end of December, but I was wrong as the market needed that last higher high it seemed. But now that we have started down, and appear to have topped, the door is wide open for a large drop this week. However, it MUST start today as that wave 2 is very likely finish. So wave 3 down is next and it can’t be drug out any longer.
If you think it can’t happen then I want you to look at the chart above for a comparison. Now while I do not think we will repeat the prior up pattern that I’m comparing it to I do think it shows how a typical 5 wave move unfolds and the points possible in each of the waves.
I don’t expect to see 1.618% for the wave 3 down. I think we’ll see a lot more, like 2.5% at least… if not more? All of this, and other things I’m following, still tell me a drop into my target range should still happen this week.
Have a blessed day.
Source: https://reddragonleo.com/2024/01/08/es-morning-update-january-8th-2024/
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.
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.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,642,031,933 |
| Stories: | 8,255,680 |
Whistler Blowers, Insiders
