ES Morning Update October 29th 2025
Nothing has changed since yesterday. We may or may not have completed small wave 3 up… hard to say for sure? Today is FOMC day, so we might see some wild swings up and down, and if we do I’d have to think the down move would be the small wave 4 and the move up the small wave 5, which would then complete medium wave 3 up. Then we could (should) see an ABC pullback the next few days to complete medium wave 4 down. Lately would be a final rip higher (7000+ possible?) to complete medium wave 5 inside large wave 5. If we get that into the 6th of November I fear a large drop will follow. Again, I’ll post my reason for that date “if” we rally hard up into it next week.
Have an blessed day.
Source: http://reddragonleo.com/2025/10/29/es-morning-update-october-29th-2025/
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