ES Morning Update October 30th 2025
Yesterday we saw a pullback (finally), which is could be small wave 4 or medium wave 4… I don’t know which? Regardless of which one it is I just don’t see anymore then one more push up, and I think we are going to hit 7000+ going into the close Friday. Next week might start of slow but some HUGE events are coming on the 5th, 6th and beyond.
We could top on Friday, Monday or Tuesday, I’m not sure which? But once we see 7000+ I think the upside is either finished or 99% finished. Tomorrows post is SUPER important as I cover all my reasons for thinking we are going to crash in the month of November. We should fill the gap on the ES at 5339 and we’ll probably bottom into the week of Thanksgiving, maybe as as early as the 21st as that’s OPEX and they might want to reserve the last week of the month for the bullish reversal back up so the monthly chart puts in a long bottoming tail candle.
As for today, I don’t have much to add. I just expect to see more grinding higher until 7000+ is reached. The goal this week should be to get the bears to capitulate and get the bulls fully long. How high will that be? I don’t know? But 7000+ looks like a magnet the market wants to hit.
Have an blessed day.
Source: http://reddragonleo.com/2025/10/30/es-morning-update-october-30th-2025/
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