Charts added to this post as I complete them. Full post ETA 10:30.
Bonds have had a nice drop away from 160^13. Now need any bounce to remain under 158^21 and 159^07.
Crude pushed to a minor new high this morning but just can’t be excited about the prospects for high and still like shopping for a lower high to the September high.
Worth looking for a lower high in the Euro after the rejection of 1.1122 yesterday. Resist today at 1.1115.
Gold did drop from the 1489.80 wave iv target to test support at 1477.66. Gold needs to drop under 1477.66 to get the fifth wave lower started.
SPX looks stuck between 3122 and 3112 this morning. Bears need to lean in and push prices under 3108 to get a (C) wave lower started. Failure to break under 3108 will open the door to a press upward to 3134.
