標普500 E-mini期貨

ES Daily Harmonic Elliott Wave Analysis

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Overview: let's review the expectations in the previous update:
  • We got a perfect rejection in the area noted as wave 2 of c of (III).
  • We are in wave 1 of (A) of 3 of c of (III).
  • Unless invalidated, I will stick to this count, but the other scenario is still possible.

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Update: not much update is needed to the hourly count, we are in wave 3 of (A) of 3 of c of (III). If this is the correct count, first we need to see bearish pressure breaking down the channel to show wave 3.
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What about the alternative scenario? the alternative scenario is still valid and is that we have completed wave a of Z (the move initiated August 16th) and we are in wave b of Z at the moment. So far we have completed one zigzag in b of Z, so it can turn out to be a triangle, flat or double zigzag.

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