es is nearing a local peak here, it's currently in an ending diagonal
4513.75 is the regular upside target
ending diagonals tend to overthrow the wedge at the end of the move
4559~4568.25 as a blow off top \ overshoot target
expect it if it happens
pcc hit the lowest point this morning since june 30th, usually happens a week or two before a correction begins
i do expect this correction to last for about a month, could go longer (similar to last september)
that dip will be for buying, as i expect 5000~6000 before the real top is in (in the next two years).
4513.75 is the regular upside target
ending diagonals tend to overthrow the wedge at the end of the move
4559~4568.25 as a blow off top \ overshoot target
expect it if it happens
pcc hit the lowest point this morning since june 30th, usually happens a week or two before a correction begins
i do expect this correction to last for about a month, could go longer (similar to last september)
that dip will be for buying, as i expect 5000~6000 before the real top is in (in the next two years).
