Futures down
YM futures dropped 30 odd points this morning after the durable orders economic statistics were released at 8.30. “Durable Orders Actual -0.5% Forecast 1.5% Market expected 0.4%”.
The price action this morning fits the count for an ‘a’ down corrective from a recent 5 wave count up. Look for the ‘b’ ‘c’ action today. Good r/r swing long setup at the ‘c’ should present itself today for potential 5 waves up on the 120min chart. Failure of the ‘c’ sets up for a swing short down to 11585 support. Daily Vector is ……. well, you’ll have to subscribe for that 
