Market Analysis for Mar 13th, 2020

I would like the low to hold in favor of a larger bounce starting that could try to slow things down and in an ideal world might even drag up into the Nov election.

That said, I think we will have many more wild days and +/- 2-3% days might be around for a while. I also think we get some deep fades along the way that retest the lows and keep most "folks" out of the market until closer to a (B) wave top.

I am going to be very open to playing the smaller wave structure as it comes and not being married to any specific subwave count, this is just a general planned ideal road map.

Certainly any break of the low last night now has potential to extend to 2200s next and then likely continued subdivision as a more accelerated count toward 2130 (the orig and still ideal target for P.4) or lower.

@ES# - Micro Counts - Mar-13 0846 AM (4 hour)
@ES# - Micro Counts - Mar-13 0846 AM (4 hour)
@ES# - Nano Counts - Mar-13 0847 AM (5 min)
@ES# - Nano Counts - Mar-13 0847 AM (5 min)
SPX.XO - Alternate 10 - Mar-13 0852 AM (1 day)
SPX.XO - Alternate 10 - Mar-13 0852 AM (1 day)
SPX.XO - BIG Macro - Mar-13 0855 AM (3 day)
SPX.XO - BIG Macro - Mar-13 0855 AM (3 day)
Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.