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ES - maintain bearish bias
As I noted in the previous update, I expect another drop in wave c of v down.
We keep watching the very same triple three corrective structure started off the top made on 1 May 2019.
We are left with the very final push down in wave c of v of ( c ) of ZZ of ( B ) down before start of another rally in a large wave ( C ) up.
ES - 90 min chart at 7:09 PM on 5/27/2019
That wave b up may stretch a bit higher to 2,840 but its erratic micro structure only confirms its a corrective wave b up setting a stage for a drop in wave c down.
ES - 4500 tick bar chart at 7:09 PM on 5/27/2019
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