ES-5-5-19-6-24-PM

ES - made a clean top on Friday

Below you can see a chart I sent to my subscribers at 3:09 PM on Friday. I wrote to them: “I can count a fully completed corrective structure off the yesterday’s low.” You could have benefited from that if you were subscribed.

Completion of a corrective wave b up implies we should get a drop in wave c down that should make a lower low under the previous low made by preceding drop in wave ( a ) down at 2,901. I see ES dropping lower at least to 2,880 – 2,875. We are dealing here with a micro wave iii of ( c ) down. Nothing indicates to a bottom here.

ES mini - 1,500 tick bar chart updated at 2:55 PM on 5/3/2019

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