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Quick look on the Globex... It needs break above that 11.5 1:1 measured move @ 1338 in order for the bears to step back... If it carn't get through that 1:1 then it means a Flat pattern and one more leg down... 120 min Globex..:)

The bench mark Alt is that +18 So if that 1:1 gives some support this morning the +18 ALT @1349.75 is the eventual natural target.... If that 1:1 doesn't hold, it means were implusing and the Gap close is an easy eyeball target@ 1322.75... :)

Looked like P&F charts to me.....:D Anyway we have some TA support with the 1:1 measured move at 1331.5... 15Min ES

A chart always helps...:) Still with the bear bias, but allows an move up into the May onwards time window if the LTD has inverted... Daily SPX...

Mu's covered the Bull count :) Bears still have this to think about :D

we're clearly through that larger -52 Alt so its now at best an A-B-C of the lows with this move down part of the B... The Intraday 1:1 comes in at 1333.75 .... :)

+8.5 is todays bench Mark Alt :) 5min ES

Not sure on you time frame there elo, If its around the 15min then yes an ED is possable...It would also mean an early delta point high as the 4th wave in the ED... A chart always helps... 15min ES :)

We're in a delta window so we could well get a bounce intraday... 15min ES

Chart might help :D

There's a 4 point difference between the Globex Alt -52 and the Day Session Alt -48... So the 1337 is the last chance saloon.... 1339 is also the 61.8% between the globex alts... 120min ES Globex..

I know, I go on about Alts :D Anyway the next big one is the -48 (1341) that really needs hold...Otherwise at best, this markets in an ABC of the Lows... 15min ES :)

I have to say great call on your map...:cool: I know this is about fixed odds betting but , :) If you can get days like this with an 18 point range isn't it better just selling your timing high point with a 3-5 point stop with some one like IG Spead Bet and leaving it alone ?? Cheers Mup

Its in a spot of bother now that its overbalanced its last -9.5 Alt... 5min ES :)

One for elo, ( today is a blue day or day 3 of the 4 day cycle) 15min ES :)

EW with todays Delta points :) 15min ES scribble.....

While its holding alts we could always get a 5th wave...

Last alt was -9.5 so we need to say above that for the bulls... 5min ES:)

If it carn't clear the last high, Those 88.6% are always something to watch... It will set up at least a lesser degree C wave.. 5min ES :)

Handy that EW :D 15min ES Chart :