Evening Update: Loss of impulsivity
This morning I posted a micro chart of the ES.
Suffice to say...the market had other plans. I still do not see where this patterns reconciles immediately lower. Still looking for the same targets for my larger "b" wave. However, below 3793 and I have no choice but to count this entire consolidation as a B-wave flat. I do not like that count because a b-wave flat points us down to 3540-3550 for A=C. Additionally, it revives the Red Count down as well. Therefore I have changed my immediate impulsive count for c of b to reflect a more sub-divided zig zag.
Targets up remain unchanged (minimum 3917-3920, and preferably as high as 3985-4000) unless we breach 3793.
Best to all,
Chris
Suffice to say...the market had other plans. I still do not see where this patterns reconciles immediately lower. Still looking for the same targets for my larger "b" wave. However, below 3793 and I have no choice but to count this entire consolidation as a B-wave flat. I do not like that count because a b-wave flat points us down to 3540-3550 for A=C. Additionally, it revives the Red Count down as well. Therefore I have changed my immediate impulsive count for c of b to reflect a more sub-divided zig zag.
Targets up remain unchanged (minimum 3917-3920, and preferably as high as 3985-4000) unless we breach 3793.
Best to all,
Chris
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