ES Morning Update September 26th 2025
As we close out this week the high put in on Monday, with a 666 close on that day on the SPY, has held and we’ve been declining slowly ever since. Today should be a “pause” day where the market goes slightly up (like a small degree wave 4, inside the first A wave down), which should setup Monday for a wave 5 down to complete the first series of waves down.
I don’t know where it will bottom but if it’s a nice drop we should see a nice ABC up into mid-late next week, to make the B wave. Then the bigger C wave down should start and take us into mid-October. This could all accelerate into a shorter time frame though… “if” we get some kind of “event”, and that could be a Biblical one, (which would cause a crash), or some other unknown event.
The market already knows about the government shutdown coming at the end of this month, so that’s probably priced in now. But maybe they don’t believe it will really happen and if it does the market will taken by surprise and tank… who knows for sure? It could be something else too, but whatever it is I can’t foresee. I only know that something big is coming. The military has been putting up new fences around the White House, and apparently J.D. Vance called in tons of Admirals and Generals to the White House yesterday… for shat I don’t know? But it sure seems like they are preparing for something big to happen soon.
Stay safe and have a great weekend.
Source: http://reddragonleo.com/2025/09/26/es-morning-update-september-26th-2025/
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