At the open...

...sorry for the non-post last night. Another full day and didn't have much in me to review the charts. This will be quick...

The futures are going to have the market jump the trend line that has been providing resistance at the open. Because the retracement yesterday didn't do much, I'm changing my count to have subminuette wave 3 still in progress. That makes micro waves 2&4 have a 1:1.382 relationship. I'm still looking for a 20-25 pt subminuette wave 4 triangle. If the next move down were to take us below Tuesday's low, then that would be bearish.