First Look: 2022-11-28
I’m not a big fan of the morning after a holiday weekend but S&P 500 futures look like they should turn down from 4015.75 or 4021.50 to at least make a new low for the day. If S&P 500 futures push over 4021.50, then it best to allow a push for 4034.75 or 4042.00. As to form, I’m penciling in the morning high as a possible wave [IV] and pushing down in [V] of i for the first impulse down from a possible [b] wave.