ES Morning Update January 15th 2025
Ok, yesterday was a choppy one as the market continued to carve out the wave 4 up, which either finished or will finished today after the CPI as it will have some wild moves after it. If it finished yesterday then we should just start straight down for wave 5 as posted on my chart Monday, which I’ll re-post it here below…
If we gap up instead from the CPI then the wave 4 is just extending a little and we should see the wave 5 down follow afterwards into midday or longer, but I lean toward the final wave 5 down ending at some point today. If we gap down right away then it could end in the first half hour of the day, but in both scenario’s wave 5 down should end by the close. I do not know which way it plays out but the wave 5 down should at least double bottom, although odds favor it breaking and making a lower low.
After that though, lookout for a big squeeze up to retest the 1/6 prior high, and it might be super fast, like into the 20th, who knows for sure? But will be a fast squeeze. It’s at that point where we should see another pullback but I don’t know how much. The deep of that pullback should help determine if we are going to see a blow off top into the end of this month or not.
If it’s a deep enough pullback then I’d say we won’t see a new high and will just continue the wild swings up and down into a final low in May. Then we should see a huge rally up into August for that blow off top, but it’s still possible to play out into the end of this month. If you are a bull though, and decide to buy the break of the expected double bottom I’d look to exit when upside resistance is hit from that 1/6 prior high zone.
Have a blessed day.
Source: http://reddragonleo.com/2025/01/15/es-morning-update-january-15th-2025/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.