ES Morning Update June 4th 2025
Still waiting for a breakout as market continues to churn inside a tight range. While it could fail and just start the pullback without the last move up, odds favor the 5th wave being successful, and the time window is still the 6th to 11th. The target is a double top, which could be a slightly higher high or lower high. There’s nothing to do but wait for this last move before getting bearish. Next Wednesday we have the CPI number out, so if we rally up into it that could be our turn date? I’ll keep this update short and end it here.
Have an blessed day.
Source: http://reddragonleo.com/2025/06/04/es-morning-update-june-4th-2025/
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