Thursday has an up bias with 1572/1574 as the 7th wave high target. Odds are this 7th wave target will be taken out next week however once this 1572/74 zone is achieved risk becomes higher than it has been since the August low. If the lower band at 1548 is taken out today or Friday a drop to at least 1530 should occur, that holds we can still make the run at 1600-1635. Many cycle analysts are looking for an October crash like decline from the high of next week however I am not one of them, still looking for the high in November at 1600-1635 zone.
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