/ES Daily frame depicting corrective pullback completed at the October low 4125.50. We appear to be in the 1st wave of the new advance to the upside, targets 4553.25 and 4596 -4600 / analysis as of Friday close 11/17/2012 1700hrs EST. All pending price action /
Null hypothesis. Continuation of the ongoing pullback from July high and a new (double) correction ABC to the downside and new lows beyond 4125.50