Update 12:12pm EST: Chart shows internal leg fib target zones currently. It's possible that the market needs to print more negative breadth numbers prior to facilitating a negatively diverging top which is how these moves could be the prequel to a top. A retest in cash of the futures lows may happen given this potential scenario.
Pre-open: 9:09am EST: Looks like minimum 5 waves of 3 down at lower degree printed yesterday followed by wave 4 up so wave 5 down may now be printing at next degree higher.Chart from 12/9 pre-open did react at fib extension and adjacent to Pi days increment = 10. So far Counts 5 waves down on 5min chart but could be 5 sub-waves of 3 down which would leave more to go.
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The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
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