Up early Friday, well off highs at endNow that Minor wave 3 has likely ended (62 hours later), the index is well into Minor wave 4 up. We could even be nearing the end of Minute wave A. Historical data indicates Minor wave 4 could last 21-36 hours with a final top around 4350-4387. It is possible the index is already in Minuette wave 5 of Minute wave A inside of this Minor wave 4. Looks like Minuette wave 5 will last about 4 hours max and the first hour has already ended with Thursday's close. Strong model agreement of the top around 4340-4348 within the first few hours of trading on Friday. This could be achieved with a probable gap up to open, but all gains will likely be given back over the rest of the day and early hours on Monday. The final top for Minor 4 will likely be achieved next week.
More analysis, data, and levels will be available by the weekend once Minute wave A has truly ended. More great insight and datastreams to come.
