Sunday’s globex session is starting basically flat to slightly lower.  Friday’s trade was again astounding in what traders were willing to do for the monthly expiration.  I discuss this expiration in tonight’s update.  The ES did break above 4409 on Friday, which did negate the count as presented and as I have previously discussed it brought up one of the alternate views, which is now moved to preferred status.  Simply stated, the Minor wave 2 remains in force with the high at 4409 being the completion point for wave a of 2, the 4129 low being the completion point for wave b of 2 with the rally off of last Tuesday’s low being most if not all of wave c of 2.  As I discuss in the update at this juncture I have no signals or hints that the top is in and the sellers are back in force.  Therefore, I have added an adjusted Fibonacci extension for wave “c” of 2.  Resistance levels are included in tonight’s update.  The next alternate view also previously discussed would kick in on a break above 4584.  A clean break above this level would suggest that the Elliott count is an Intermediate degree A, B, and C wave are complete to complete a Primary degree A wave.  Intermediate A would be complete at 4212, wave B at 4584, and wave C at 4101, which would also mark the finishing point for the Primary A wave.  Again, this is the alternate view for now.