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Subscription: Access to Micro Counts of US indices

ES - retraced 50% of the wave iii down

ES retraced 50% of the wave iii down. That is a fairly common retracement level for a corrective wave iv up. The bearish expectation for wave v don to another low is still intact.

ES - 4,500 tick bar chart at 8:47 AM on 5/24/2019

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