11:04, The Bollinger Bands are getting really tight now, a sign that the consolidation of this 4th wave is about to wrap-up.
8:55, The 1-2 down count on the Russell still has legs, but needs to break down and take out support from the Gray lower channel line. The black median channel line is currently acting as resistance.
So far a relatively flat open across the markets. The 4th wave squiggles is still playing out in the SPX, with higher highs most likely. The RSI peaked, which is typical for the top of the 3rd(black) wave, and then it should diverge for the 5th.
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