I meant the futures dropping like they did and then coming back like they did, nothing else.
I'm thinking we see at least 2888/93 today and some weakness Wednesday. The gap at 2932 looks likely to be filled by at least Thursday I would think.
I have two trines: Sun/Jupiter early Wed. and one late day Thursday that is Venus/Jupiter which is always more powerful than a Sun/Jupiter trine. These also agree with my cycle work and Bradley due Aug 8.
If the 9th of August makes a new mid day high, but sells off first that day, then I think we are going down pretty hard after that into around the 21st.
The 16 TD top is due on the 19th but we may have an inversion here. Normally, I would think we see new highs out of this kind of e-wave formation and cycles, but the technical condition of the market may be saying otherwise.
In any case, we should some late day strength today and weakness on Wednesday.
Edited by blustar, 06 August 2019 - 11:12 AM.