9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures opened the week with a large relief gap after reports of a U.S.-Iran framework agreement and a possible reopening of the Strait of Hormuz. The futures closed Friday at 7436.25 and opened Sunday evening at 7562.25, then rose overnight to 7602.25.

As the opening bell sounded, it began to rise further, travelling above 7610..

The gap and subsequent rise leaves two immediate decision areas: acceptance above the Sunday open and high, or a reversal that begins filling the gap toward Friday’s close.

What does it mean? The upward gap, when Elliott Wave Theory is applied, reduces the likelihood that falling wave E{-5} has begun, and increases the odds that rising wave D{-5} is still underway. The switch from D{-5}, the next-to-last wave within downward correction wave 4{-4}, to final downward wave E{-5} was never confirmed.

The peak that still might be the end of wave D{-5} was 7632.25 on June 1, and the present rise has not yet gone that high.

Decision Points. A rise above 7602.25, Sunday night’s high so far, would show continued acceptance of the relief gap and would put the June 1 peak of 7632.25 back in play. A rise above 7632.25 would strongly increase the odds that wave D{-5} is still underway.

A fall below Sunday’s open at 7562.25 would weaken the gap’s bullish message and begin to shift attention toward a gap fill. A fall to Friday’s close at 7436.25 would fill the gap and revive the E{-5} case. A decline below Friday’s low at 7366.50 would strengthen the E{-5} analysis, although full confirmation would still require a break below the upper boundary of the wave 4{-4} expanding triangle.

Bottom line: The gap is a serious challenge to the E{-5} interpretation, but not yet a confirmed restoration of D{-5}. The decisive upper level remains 7632.25.

The Chart. The chart focuses on waves D{-5} and E{-5}, the last two subwaves of wave 4{-4}.

[S&P 500 E-mini futures 9:35 a.m., 2-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• E{-5} Micro, 6/1/2026, 7632.25 (down}
• A{-6} Submicro, 6/1/2026, 7632.25 (down}

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 15, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures spent the day moving past both upper and lower levels that can decide the analysis, yet neither move settled the question. See the Decision Points section, below, for details.on, below, for details.

Elliott Wave Theory is unchanged from the morning, and indeed, from earlier than the present week: Downward wave E{-5} continues, probably, but rising wave D{-5} could still be underway, maybe.

Decision Points. The futures moved beyond both of this morning’s nearby decision levels, first falling below 7374.75 and then rising above 7451.25. The result was motion without clarity. A rise above 7461.75 would increase the odds that wave D{-5} is still underway. A fall below 7366.50 would increase the odds that wave E{-5} is underway. The larger confirmation would still come from a return to the upper boundary of the wave 4{-4} Expanding Triangle.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures fell overnight to 7374.75 and then rose to 7451.25. They then fell back to the 7390s.

What does it mean? When Elliott Wave Theory is applied, the conclusion remains as foggy as it has been for nearly two weeks: Wave E{-5} is underway, unless wave D{-5} never ended.

Wave E{-5} is the final subwave within wave 4{-4}, a downward correction that began last October. Wave 4{-4} has taken the form of an Expanding Triangle, and that is part of the ambiguity. Wave D{-5} moved beyond the upper boundary of the triangle, which isn’t common behavior, and has yet to move back to the upper boundary.

Decision Points. A rise above 7451.25 would increase the odds that wave D{-5} is still underway. A fall below 7374.75 would increase the odds that wave E{-5} is underway. A return to the upper boundary of the Expanding Triangle would provide the most useful evidence that wave E{-5} has begun.

The Chart. The chart focuses on wave 4{-4}, the parent of the wave now underway, wave E(-5}.

[S&P 500 E-mini futures 3:30 p.m., 6-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• E{-5} Micro, 6/1/2026, 7632.25 (down}
• A{-6} Submicro, 6/1/2026, 7632.25 (down}

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 12, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures traded slightly lower during much of the session, falling into the 7260s. They then rose sharply into the 7390s after reports that the United States was halting strikes on Iran.

Elliott Wave Theory. By the book, rises increase the odds that wave D{-5} remains underway, and falls increase the odds that wave E{-5} is in progress. However, moves based on changing war plans often appear to lack staying power. I shall continue to give greater weight to economic reports, such as those released today before the opening bell, which were followed by a decline in the futures.

Bottom line: The labeling is unchanged: Declining wave E{-5} remains underway, and that appears to be the most likely interpretation of the chart. However, that conclusion has not yet been verified. It remains possible that rising wave D{-5} will reach a new high, confirming that it is still in progress.

Decision Points. A fall below the overnight low, 7232.25, would strengthen the E{-5} interpretation and bring the futures closer to verification by crossing below the upper boundary of the wave 4{-4} Expanding Triangle. A move below that upper boundary would verify that wave D{-5} has ended and wave E{-5} is underway. A rise above today’s post-news high, 7386.50, would prolong the ambiguity but would not by itself invalidate the E{-5} count. A rise above the June 1 high, 7632.25, would invalidate the present E{-5} count and confirm that wave D{-5} is still underway.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures began overnight trading by dropping to 7232.25 and then reversing, rising to 7338.75 before pulling back.

What does it mean? Elliott Wave Theory continues to tentatively count the decline that began on June 1 from 7632.25 as wave E{-5}. The lower the futures go, the more likely the E-wave scenario becomes.

Wave E{-5} is the final subwave of wave 4{-4}, a downward correction that began on October 29, 2025. Wave 4{-4} has taken the form of an Expanding Triangle, meaning that each rising subwave rises above the preceding rising subwave, and each falling subwave falls below the preceding falling subwave.

Such triangles can be seen as having expanding boundaries, upper and lower, formed by connecting the peaks of the first two rising subwaves and the lows of the first two falling subwaves.

Sometimes price moves beyond those boundaries, and that is what happened with wave D{-5}, the next-to-the-last subwave within wave 4{-4}. Wave E{-5} remains slightly above the upper boundary. A move below that boundary would verify that rising wave D{-5} has ended and falling wave E{-5} has begun.

Decision Points. A move below the upper boundary of the Expanding Triangle, now near the low 7200s, would verify the E{-5} count. A move below the overnight low, 7232.25, would bring that verification closer. A rise above the overnight high, 7338.75, would not disprove the E-wave count, but would prolong the ambiguity. A rise above the June 1 high, 7632.25, would invalidate the present E{-5} count and show that wave D{-5} was still underway.

The Chart. The chart focuses on wave D{-5} and the wave now underway, wave E(-5}.

[S&P 500 E-mini futures 3:30 p.m., 2-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• E{-5} Micro, 6/1/2026, 7632.25 (down}
• A{-6} Submicro, 6/1/2026, 7632.25 (down}

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 11, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures rose to 7404.75 early in the session and then reversed, falling so far to a session low of 7276.

Elliott Wave Theory. The decline supports the interpretation that wave E{-5} continues its early fall within the larger wave 4{-4} Expanding Triangle. The rise above Tuesday’s high at 7393 briefly weakened that interpretation, but the failure to hold the breakout and the subsequent fall below this morning’s pre-session low at 7305.50 restored the E{-5} case. There is still some ambiguity in the chart, and the end of wave D{-5} and the beginning of wave E{-5} have not yet been confirmed.

Decision Points. A sustained rise above today’s high at 7404.75 would reopen the question of whether rising wave D{-5} is still underway. A continued decline below 7299 would strengthen the case that falling wave E{-5} has begun. Confirmation would come with a decisive move back below the upper boundary of the wave 4{-4} Expanding Triangle.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures began to rise overnight about an hour before the Consumer Price Index for May was published at 8:30 a.m. ET and picked up the pace upon the release. The rise began from the session low, 7305.50, reached 7367, and then fell back slightly.

What does it mean? The May CPI report produced a mixed but initially market-friendly response. The headline CPI-U rose 0.5% for the month and 4.2% over the year, but more than 60% of the monthly increase came from energy, while core CPI rose a milder 0.2%.

Elliott Wave Theory. The decline from Tuesday’s high to this morning’s low at 7305.50 continues to support the interpretation that downward wave E{-5} is underway within the larger wave 4{-4} Expanding Triangle. The post-CPI rise is sharp, but so far it is best treated as an upward correction within E{-5}, not as a reason to restore rising wave D{-5}. A sustained rise above Tuesday’s high at 7393 would weaken the E{-5} interpretation. A turn back down and a fall below 7305.50 would strengthen it.

Decision Points. A sustained move above 7393 would require reconsidering whether wave D{-5} is still alive. Failure in the 7360s or 7370s, followed by a drop through 7305.50, would support the view that wave E{-5} is continuing downward.

The Chart. I’ve moved the chart in to focus on wave D{-5} and the wave now underway, wave {E-5}.

[S&P 500 E-mini futures 3:30 p.m., 6-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• E{-5} Micro, 6/1/2026, 7632.25 (down}
• A{-6} Submicro, 6/1/2026, 7632.25 (down}

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 9, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures reached a session high of 7491 and then fell sharply, to 7247.25. The futures then rose back almost to 7400.

Elliott Wave Theory. That low brings the decline that began on June 1 from 7632.25 closer to the upper boundary of the wave 4{-4} Expanding Triangle than to its starting point.

The ongoing question for more than a week has been whether upward wave D{-5} was continuing or downward wave E{-5} had begun. Given the length of the decline, I’ve relabeled the chart to show falling wave E{-5} underway. The label remains provisional until the futures return below the upper boundary of the Expanding Triangle, but the depth and speed of today’s decline make E{-5} the better working count.

If wave E{-5} is indeed underway, then the parent wave 4{-4} is in its final subwave. In Expanding Triangles, each subwave ends beyond the prior subwave that moved in the same direction. So the D wave traveled beyond the end of the B wave, the C wave below the end of the A wave, and the E wave can be expected to fall below the end of the C wave, at 6353.25 on March 30.

As wave D has shown, a wave can move well beyond the boundary drawn by connecting wave endpoints — the red lines on the chart. Wave E might drop well beyond the lower boundary of the Expanding Triangle, or it might come up short and never reach the boundary, a condition called truncation.

Another possibility, of course, is that declaring wave D{-5} to have ended turns out not to match the terrain. If that happens, then I shall erase E{-5} from the chart and restore D{-5}.

Decision Points. A return below the upper boundary of the Expanding Triangle would confirm that wave E{-5} is underway and would shift the focus toward the lower boundary of the triangle and, beyond that, the March 30 low of 6353.25. A rise above today’s high, 7491, would weaken the E{-5} count and bring renewed attention to the possibility that D{-5} is still underway. A rise above the June 1 high, 7632.25, would make the E{-5} label untenable and restore D{-5} as the working count.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures began the overnight session by dropping to 7390.25 shortly after the closing bell, and then began to rise. As today’s opening bell approached, the price was within cents of reaching the 7460s, which is below yesterday’s high, 7476.75.

What does it mean? The Elliott Wave Theory analysis continues to produce ambiguity. Has rising wave D{-5} ended and falling wave E{-5} begun? Or is the D wave still underway? Impossible to say at this point with any degree of certainty.

Both are subwaves within wave 4{-4}, a downward correction that began last October and which has taken the form of an Expanding Triangle. The D wave has broken above the upper boundary of the triangle and has not yet returned to that level.

The overnight rebound reduces immediate bearish pressure but does not settle the wave count. Confirmation of E{-5} still requires a materially larger decline, especially a return below the Expanding Triangle’s upper boundary.

Decision Points. If the futures rise above yesterday’s high, 7476.75, then wave D{-5} remains the most likely count and is still extending above the Expanding Triangle. If the futures reverse and fall below the overnight low, 7390.25, then the possibility that wave E{-5} has begun gains strength, although confirmation would still require a return below the triangle’s upper boundary. Until one of those levels gives way, the analysis remains ambiguous.

[S&P 500 E-mini futures 3:30 p.m., 6-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• E{-5} Micro, 6/1/2026, 7632.25 (down}
• A{-6} Submicro, 6/1/2026, 7632.25 (down}

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 9, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures reached a session high of 7476.75 and then retreated to slightly below the 7410s then back. The movement has the feel of testing rather than commitment, with neither direction yet taking control.

Elliott Wave Theory: As was the case this morning, the futures remain unclear about where they are headed. If up, then rising wave D{-5} continues. If down, then falling wave E{-5} may be underway, but the distance covered still is not large enough to call it confirmation.

Decision Points. A rise above 7476.75 would return the short-term advantage to the upside, although the larger D{-5} count would not be strongly restored unless the futures eventually challenge the June 1 high of 7632.25. A fall below 7423 would keep the possible E{-5} scenario alive and point toward a test of the overnight low of 7355.50. A fall below 7355.50 would strengthen the E{-5} interpretation, but confirmation would still require a break below the upper boundary of the Expanding Triangle that began Oct. 29, 2025. Until one of those levels breaks, the analysis remains in transition.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures fell slightly as trading resumed overnight, to a low of 7355.50, and then began to rise, reaching the 7470s as the opening bell approached. The overnight recovery was steady, but it remained well below the June 1 high of 7632.25.

What does it mean? Elliott Wave Theory. Rising wave D{-5} remains the working count, although the June 1 high remains a plausible candidate for the end of D{-5}. The decline from that high has been large enough to raise the possibility that falling wave E{-5} has begun, but it has not yet produced operational confirmation. That confirmation would come with a fall below the upper boundary of the Expanding Triangle that began Oct. 29, 2025.

Decision Points. A move above 7632.25 would extend wave D{-5} and restore the upward count without much ambiguity. A renewed fall below 7355.50 would keep the possible E{-5} scenario alive, but still would not confirm it unless the decline continues to the triangle boundary and breaks below it. Until then, the analysis remains in transition: D{-5} is still the active label, but E{-5} is a credible developing alternative.

[S&P 500 E-mini futures 3:30 p.m., 2-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• D{-5} Micro, 3/30/2026, 6353.25 (up}
• C{-6} Submicro, 4/2/2026, 6503.75 (up)

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 8, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures fell with increasing force through the session, approaching 7400after peaking earlier in the week at 7632.25.

Elliott Wave Theory. The decline is the strongest evidence so far that rising wave D{-5} may have ended and that declining wave E{-5} may have begun. The distance covered is still small compared with the full rise of wave D{-5}, which began on March 30 at 6353.25, and the price remains well above the upper boundary of the Expanding Triangle. Even so, the speed and persistence of the decline make the question more urgent: Will the price turn back upward and challenge the 7630s and beyond, keeping D{-5} alive? Or will it continue lower, with each additional decline strengthening the argument that E{-5} is underway?

Decision Points. A recovery back toward the 7630s would keep rising wave D{-5} as the primary count. A continued decline would strengthen the case for declining wave E{-5}. The working confirmation remains a break back below the upper boundary of the Expanding Triangle; until then, E{-5} is a serious possibility, but not yet the confirmed primary count.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures began to fall hours before the Employment Situation Report was released, declining from 7578.75. Immediately after the report’s release, the price spiked briefly and then resumed the pre-existing decline, appr.

What does it mean? Elliott Wave Theory leaves the analysis unchanged. The decline is a warning sign, but it is not yet deep enough to say that rising wave D{-5} has ended. Rising wave D{-5} remains the primary count.

Decision Points. A sustained recovery would support the view that D{-5} remains underway. A continued decline would increase the warning that D{-5} may be ending, but the working confirmation remains a break back below the upper boundary of the Expanding Triangle. Until that happens, declining wave E{-5} remains a possibility rather than the primary count.

[S&P 500 E-mini futures 3:30 p.m., 2-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• D{-5} Micro, 3/30/2026, 6353.25 (up}
• C{-6} Submicro, 4/2/2026, 6503.75 (up)

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart.R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his bookScience and Sanity(1933), “Themapis not theterritory… The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu pageAnalytical Methodsfor a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 5, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content onTim Bovee, Private TraderbyTimothy K. Boveeis licensed under aCreative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work atwww.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures continued to rise from the overnight low, 7524.50, and so far have reached the 7610s.

Elliott Wave Theory. The price remains below the peak of wave D{-5}, 7632.25, set on June 1. While the rise increases the likelihood that wave D{-5} is still underway, it still has not attained certainty. The alternative count remains that declining wave E{-5} has begun, although today’s rise has weakened that case for now.

Decision Points. A move above 7632.25 would confirm that rising wave D{-5} is still underway. A move below 7524.50 would return pressure to the downside, and a move below 7505.75 would strengthen the case that D{-5} has ended and E{-5} has begun. The stronger operational confirmation of E{-5} would remain a decline back below the upper boundary of the expanding triangle.

Chart. I’ve moved it to focus on the entirety of ongoing wave D{-5}. The red line is the upper boundary the parent wave 4{-4}, a downward correction that has taken the form of an Expanding Triangle.

[S&P 500 E-mini futures 3:30 p.m., 2-hour bars with volume]

9:45 a.m. New York time

What’s happening now? The S&P 500 E-mini futures followed yesterday’s decline with sideways movement in a narrow range, roughly from the 7550s down to the 7530s.

What does it mean? Elliott Wave Theory has moved into ambiguity: Is rising wave D{-5} still underway, or has falling wave E{-5} begun? Price remains above the prior low of 7505.75 on May 27, and the decline remains small compared with the full distance covered by D{-5} since it began on March 30.

Decision Points. A move above 7632.25 would confirm that rising wave D{-5} is still underway. A move below 7505.75 would strengthen the case that D{-5} has ended and E{-5} has begun, but the stronger operational confirmation would still be a decline back below the upper boundary of the expanding triangle. Until then, the market remains in the gray zone between a late-stage D{-5} pullback and the possible beginning of E{-5}.

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• D{-5} Micro, 3/30/2026, 6353.25 (up}
• C{-6} Submicro, 4/2/2026, 6503.75 (up)

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart. R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his book Science and Sanity (1933), “The map is not the territory … The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu page Analytical Methods for a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 4, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work at www.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures continued the sideways fluctuation that has been underway since May 28. The range held mostly in the 7620s to 7590s, but during today’s session the futures broke lower into the 7560s before partially recovering.

Elliott Wave Theory. Rising wave D{-5} remains the primary count, as it has for more than two months. Today’s downside break is an early warning that wave D{-5} may be nearing or past its end, but it is not yet enough to confirm that falling wave E{-5} has begun.

Decision Points. A move above 7632.25 would confirm that wave D{-5} is still extending. A continued decline would increase the odds that wave E{-5} is underway, but the operational confirmation remains a break back below the upper boundary of the Expanding Triangle.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures overnight continued the sideways fluctuation that began on May 28. The movement included a brief push to a new high on June 1 at 7632.25, but the futures have made little significant progress since then. In practical terms, the market has produced nearly a week of motion, but not much direction.

What does it mean? Elliott Wave Theory treats the fluctuation as part of rising wave D{-5}, which began on March 30. Wave D{-5} is the penultimate subwave of wave 4{-4}, a correction that began in October 2025 and has taken the form of an Expanding Triangle.

Rising wave D{-5} will be followed by falling wave E{-5}. When wave E{-5} is complete, wave 4{-4} will also be complete, clearing the way for rising wave 5{-4}, which should carry the futures to significant new highs.

Decision Points. A move above 7632.25 would confirm that wave D{-5} is still extending. A decline below the recent sideways range would be an early warning that wave D{-5} may have ended, but the operational confirmation that wave E{-5} has begun remains a break back below the upper boundary of the Expanding Triangle.

Charts. Above, a 6-hour bar chart showing the entirely of wave 4{-4} so far. Below, a 15-minute bar chart covering the sideways movements over the last four sessions and overnight movements,

[S&P 500 E-mini futures 3:30 p.m., 6-hour bars with volume]

[S&P 500 E-mini futures 3:30 p.m., 15-minute bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• D{-5} Micro, 3/30/2026, 6353.25 (up}
• C{-6} Submicro, 4/2/2026, 6503.75 (up)

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart. R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his book Science and Sanity (1933), “The map is not the territory … The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu page Analytical Methods for a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 3, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work at www.timbovee.com

3:30 p.m. New York time

Half an hour before the closing bell. The S&P 500 futures rose to 7632, only 25 cents below Monday’s peak, and then declined into the 7610s.

Elliott Wave Theory. Rising wave D{-5} came within pennies of verification, but a near-breakout is not an actual breakout. The price tested the prior peak and failed the test, increasing the likelihood that Monday’s peak was the end of wave D{-5} and the beginning of declining wave E{-5}.

That remains a likelihood, not a certainty. I’ll retain the D{-5} label on the chart until the price verifies that wave D{-5} has ended.

Decision Points. A rise above 7632.25 will verify that wave D{-5} remains underway. A decline below 7576.25 will be an early warning that wave D{-5} may have ended. The operational confirmation that wave E{-5} has begun will come only with a break back below the upper boundary of the Expanding Triangle.

9:35 a.m. New York time

What’s happening now? The S&P 500 E-mini futures fell slightly after Monday’s new peak and continued to decline overnight. The overnight low so far is 7576.25, still not a great distance from the peak, 7632.25.

What does it mean? Elliott Wave Theory continues to label rising wave D{-5} as still underway. Each further decline weakens that scenario, and a significant rise strengthens it. At this point, however, the pullback remains small compared with the full rise from the March 30 low of 6353.25.

If the price falls far enough to break back below the upper boundary of the Expanding Triangle, then the working count will shift: Wave D{-5} will have ended, and downtrending wave E{-5} will be underway. Wave E{-5} is likely to fall into the 6250s and perhaps lower.

Wave E{-5} is the fifth and final wave of the parent wave 4{-4}, a downward correction that began in October 2025 and has taken the form of an Expanding Triangle, with ever higher highs and lower lows.

Decision Points. A rise above 7632.25 will confirm that wave D{-5} remains underway. A decline below 7576.25 will be an early warning that wave D{-5} may have ended, but not confirmation. The operational confirmation that wave E{-5} has begun will come only with a break back below the upper boundary of the Expanding Triangle.

[S&P 500 E-mini futures 3:30 p.m., 6-hour bars with volume]

Waves Now Underway

These are the waves currently in progress under my principal analysis. Each line on the list shows the wave number, with the subscript in curly brackets, the traditional degree name, the starting date, the starting price of the S&P 500 E-mini futures, and the direction of the wave.

• S&P 500 Index:
• 5{+3} Supercycle, 7/8/1932, 4.40 (up)
• 5{+2} Cycle, 12/9/1974, 60.96 (up)
• 5{+1} Primary, 3/6/2009, 666.79 (up)
• 5{0} Intermediate, 2/11/2016, 1810.10 (up)
• 3{-1} Minor, 3/23/2020, 2191.36 (up)
• 1{-2} Minute, 7/31/2025, 6468.50 (down)
• S&P 500 E-mini futures
• 5{-3} Minuette 8/1/2025, 6239.50 (up}
• 4{-4} Subminutte 10/29/2025, 6953.75 (down}
• D{-5} Micro, 3/30/2026, 6353.25 (up}
• C{-6} Submicro, 4/2/2026, 6503.75 (up)

Reading the chart. Price movements — waves – – in Elliott Wave Theory analysis are labeled with numbers within trending waves and letters with corrective waves. The subscripts — numbers in curly brackets — designate the wave’s degree, which, in Elliott Wave analysis, means the relative position of a wave within the larger and smaller structures that make up the chart. R.N. Elliott, who in the 1930s developed the form of analysis that bears his name, viewed the chart as a complex structure of smaller waves nested within larger waves, which in turn are nested within still larger waves. In mathematics it’s called a fractal structure, where at every scale the pattern is similar to the others.

Learning and other resources. Elliott Wave analysis provides context, not prophecy. As the 20th century semanticist Alfred Korzybski put it in his book Science and Sanity (1933), “The map is not the territory … The only usefulness of a map depends on similarity of structure between the empirical world and the map.” And I would add, in the ever-changing markets, we can judge that similarity of structure only after the fact.

See the menu page Analytical Methods for a rundown on where to go for information on Elliott Wave analysis.

By Tim Bovee, Portland, Oregon, June 2, 2026

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader managing his own accounts. The content reflects my interpretation of market structure, including Elliott Wave Theory and related tools.

Nothing in this blog constitutes a recommendation to buy or sell stocks, options, or any other financial instrument, or to pursue any particular strategy. The purpose of this blog is education and entertainment.

No trader is ever 100 percent successful. Trading in stock and options markets involves risk and uncertainty. Each trader must make decisions for his or her own account and accept full responsibility for the outcomes.

Charts and tools are used to support my personal analysis. Any data displayed is illustrative of that analytical process and is not presented as a source of market data for redistribution.

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

License

Based on work at www.timbovee.com