ES - Just in Case...
I'm publishing this as an alternative EW count. I've been suspicious of many of the attempts to label the waves off the 2022 top. This hypothesis will be labeled as a "WXY" to label a double zig zag pattern
On the ES...my assertion is the true top was in Nov 2021.
The ultimate top was part of a three wave move that I'm counting as part of a series of three wave moves making up the eventual decline to the June 15th 2022 low. I'm labeling this structure as W
From that point the move up to the Aug. '22 high was a three wave affair that I am labeling X.
The move down from that point to the eventual bottom in October was clearly 5 waves... (The first such decline wave pattern off the '22 top) This gets labeled A of Y
The next structures make up the abc of B of Y.
The ensuing move down, should this unfold as illustrated, will ultimately take out the Oct '22 lows. The Star on the chart is positioned perfectly at the 1:1 ratio of W:Y
This is being published as an alternative to my previous posting for the ES/SPX road ahead. See link below. Best be prepared!
Here is another view with a lower fib level depicting the "nuclear" pathway..
On the ES...my assertion is the true top was in Nov 2021.
The ultimate top was part of a three wave move that I'm counting as part of a series of three wave moves making up the eventual decline to the June 15th 2022 low. I'm labeling this structure as W
From that point the move up to the Aug. '22 high was a three wave affair that I am labeling X.
The move down from that point to the eventual bottom in October was clearly 5 waves... (The first such decline wave pattern off the '22 top) This gets labeled A of Y
The next structures make up the abc of B of Y.
The ensuing move down, should this unfold as illustrated, will ultimately take out the Oct '22 lows. The Star on the chart is positioned perfectly at the 1:1 ratio of W:Y
This is being published as an alternative to my previous posting for the ES/SPX road ahead. See link below. Best be prepared!
Here is another view with a lower fib level depicting the "nuclear" pathway..
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