Under the micro bullish path the drop on Thursday, September 29th was a corrective wave b down to be followed by a rally in wave c up:
However, I can see an equally probable “one more push lower” count:
I slightly prefer the second bearish count over the first bullish count. But even if ES drops on Friday I would expect a quick recovery followed by a tradeable a-b-c up bounce.
$ES #ES #Elliott Wave #trading setup Yesterday bears failed to break the Daily resistance 5,607. In an uptrending market a
$NQ #NQ #Elliott Wave I watch that short term bearish scenario: NQ-mini Daily chart In the bearish case, at the
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