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© David H. Weis
ES: Daily
6-point Weis Wave
© DH Weis
The S&P held within yesterday’s range on relatively low volume as it awaits tomorrow’s
employment report. As you know, nothing bearish can be read into today’s action, but any-
thing can happen in response to the report. All trends are in bullish position and there are
point & figure counts to move higher. If the market breaks below Wednesday’s low at
2865.25, prices could fall into the 2850-2835 area.