ES_F Update:

I wanted to drop a quick not to readers regarding the pattern that has developed over the past few days in the eminis. Patterns that are difficult to identify typically are corrective but with all the recent volatility, including yesterdays move, I wanted to present an ending diagonal scenario that I am looking at. Notice that the key area of 1397.5 continues to stay in focus.... where w.c = w.a  to complete w.2 red. Breaks of w.(iv) low would negate this scenario and send me back to the drawing board.

Be careful out there today. 

If you have been following along, my previous comments can be reviewed here at:

Elliott Wave Live: ES_F Update:


Best of Trading

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