Daily And Hourly 3-Waves Up Potential Confluence

Update 3:27pm EST:  Intraday high of ES 3803.25 could be the top of a small iii of v or a pause in the iii leg up. Either way, more upside to come.

Update 10:53am EST: Watching for "ES futures: 3815 (nominal medium-term target)" mentioned in post- "alt [iii-c]" on bottom chart.

Update 10:08am EST: Looks like there was a wave 'iv-d' pullback and we could now be in wave 'v-e' up. (top chart)

Stay focused- megaphones inside megaphones: a recipe for whipsaws. [SEE LOWER CHART]

The 9/24/20 megaphone low to the current ath may produce a pullback prior to the final high.
Possible market pullback expected. See prior post. 

The market could also bobble along and do little of anything meaningful- it looks a tad worn out at the moment. We will see.

There is a potential fib time marker coming up on 1/14/21 that may mark proximity to a high or a pullback low.  See prior post.

Some speculative calculated target zones for ES futures: 3815 (nominal medium-term target). 3864, 3925 - extensions.

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