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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.