ES Morning Update October 7th 2025
The ES got close to a new high yesterday, but stopped just shy of one. It’s possible that finished Tiny Wave 5, inside Small Wave 3 at that lower high? If so, we could see a small pullback for Small Wave 4, which might retest the 6750 zone. If that happens we should see it hold and another push up for Small Wave 5 inside Medium Wave 1.
That push up might reach 6850-6900 to end Medium Wave 1 up. I could see it happen into late this week. Then we could see a choppy ABC pullback for Medium Wave 2 into OPEX, or the first few days of the week after OPEX. It’s from that point that I’d expect to see a strong rally start for Medium Wave 3, where we could reach 7400+ into early November. This big rally should be super powerful and just kill the last bear that will short the entire rally up. If I’m right we’ll crash in November.
Have an blessed day.
Source: http://reddragonleo.com/2025/10/07/es-morning-update-october-7th-2025/
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