S WAVE CHARTS

[jxyzobrien]

resting market
no sellers but no real buying conviction. buy the dips.
bears had there chance they blew it.

market is just building value to then rally from

market value area and poc went lower yesterday but there was no
follow thru. we are above value.

market made hi monday and now we are in a tight range. again
market did not have any continuation of the down move.

remember markets with mixed signals make the brain impatient and
fear full.

since the flush the market has moved up 37 es points and pulled back 10

we could to the bottom of the range at ES 2700 since we could not
break out.