Quite often ES-mini (futures that are traded overnight) and the original S&P 500 index (calculated only during regular trading hours) have slightly different wave count. This is why I count waves on two instruments independently.
This is how the primary bearish count on SPX looks like:
The Very bearish Daily count allows bulls to produce another dead cat bounce making a lower high at 3,739 – 3,790:
$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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