Not that much to write home about. Main thing is to keep trades on the radar. A falling wedge is a classic ending pattern. Thursday’s action was a reversal after taking out the lows. So things look good. The KC setup is bullish (yet unconfirmed).

Timing is the key when trading options. A wave 5 is ‘expected’ to trade above the high of prior wave 3. So the target is set.

I believe weather may be a factor in the summer. Whatever may happen, a wave 5 will have plenty of news to drive price action.
However, no need to pay attention to lagging indicators. (By that time it’s too late).

Am looking for an impulsive wave to establish the next trend. Otherwise remaining patient.

Let’s see what happens!