The depth of the retrace has made a fourth wave up from white 3/c less probable but not invalidated as noted by our demarcation point. However, we are currently deferring to the alternate magenta count as the higher probability count with a full five waves down to the 2064 zone and now currently working on a corrective bounce to retrace the extended magenta wave 5. Key timing for the day comes in at 11AMEST where the market should begin to show weakness for the remainder of the session. Below are the links to both the intraday, and the daily market structure projections. Good luck and profitable trading.
If you have any questions about our analysis or any of our analysis systems, you can contact me at any time at john@mcm-ct.com
Intraday Projections and Timing
mcm-ct.com/blog/intraday-projections-brick-wall-approaching/
Daily Projections
mcm-ct.com/blog/daily-projections-brick-wall-or-angry-farmers/
If you have any questions about our analysis or any of our analysis systems, you can contact me at any time at john@mcm-ct.com
Intraday Projections and Timing
mcm-ct.com/blog/intraday-projections-brick-wall-approaching/
Daily Projections
mcm-ct.com/blog/daily-projections-brick-wall-or-angry-farmers/
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