$ES $SPY - alt wave count , wave abc complete in final leg now
Guys - my spy count yesterday said that we could have been in wave a, of wave abc. Which would mean that today is a wave b, and then we should see more upside for wave c taking us to the downtrend caution area.
I wanted to put out the futures count because as you can see here it is possible that the abc is already complete and we are in the final wave down. The ES futures never made a new low like spy did. So what that means is that todays flush may have been a wave i and we are going up for a ii, then we will see a huge flush maybe tomorrow.
This scenario still has a similar PT as the other except slightly lower bottom, but we will reach it quicker.
Wont have time for any more charts I dont think today, and I wanted to get this out ASAP. BE CAREFUL RIGHT NOW, and good luck!
I wanted to put out the futures count because as you can see here it is possible that the abc is already complete and we are in the final wave down. The ES futures never made a new low like spy did. So what that means is that todays flush may have been a wave i and we are going up for a ii, then we will see a huge flush maybe tomorrow.
This scenario still has a similar PT as the other except slightly lower bottom, but we will reach it quicker.
Wont have time for any more charts I dont think today, and I wanted to get this out ASAP. BE CAREFUL RIGHT NOW, and good luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.