ES Morning Update October 10th 2025
We might have completed Medium Wave 1 and started Medium Wave 2 down yesterday. If so, it could have bottomed for the A wave yesterday and will do the B wave up today. Then the C wave down should end by Monday or Tuesday I suspect, which would complete Medium Wave 2 down and setup the market for a huge squeeze for Medium Wave 3, and it might get started by late Tuesday or Wednesday.
I would think that some kind of positive news will come out next week to get that rally started. I know that many are looking for a big drop now, but the cycles are not bearish currently, and they will be super bullish during the second half of this month. I hate to say it but I think “they” (deep state?) are planning a massive drop in November, but they first want to get a massive high.
It should be so powerful that every bear will flip to becoming a bull and we’ll see “extreme greed” on the Fear and Greed index. Now I hope I’m wrong on the “event” for the crash that will follow the massive rally up to a crazy top, but I fear it will happen. What you ask? A nuke going off somewhere in the world (False Flag) to get a war started.
When you ask? November 6th is my answer. I’ll explain why in a future post if we get this massive rally into the end of this month. For now, just keep that date in mind. As for the short term, I think we are in a B wave up today inside Medium Wave 4 down, which the C wave down to complete it should happen Monday or Tuesday.
Have a great weekend.
Source: http://reddragonleo.com/2025/10/10/es-morning-update-october-10th-2025/
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