ES Morning Update March 14th 2025
Nothing has changed since yesterdays post. I’m not expecting another big drop until after we get a one day wonder squeeze, and that should still happen next week sometime. Currently we are in a bottoming formation for the first leg down, which could be called the A wave. The move up next will be the B wave, and I’m sure it will subdivide into an ABC, which the A could have 5 waves, the B 3 waves, and the C 5 waves, or a 535 rally up for the B, which should top mid next week. Then we should get the C wave down to the 5300 or lower level to end this correction for now.
Have a great weekend.
Source: http://reddragonleo.com/2025/03/14/es-morning-update-march-14th-2025/
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