Market Analysis for May 26th, 2020


I think this is still trying for some consolidation as a b...

If it gets over the HOD from here then maybe it limps along in more of a c of 5 already toward 3080-3130 as shown on alt1 tab.

Since we have 5up for the a though any b wave should be rather quick and shallow. 2917 support sets up for a nice final swing in (1) toward 3185+.

@ES# - Alternate 1 - May-26 1617 PM (4 hour)
@ES# - Alternate 1 - May-26 1617 PM (4 hour)
@ES# - Nano Counts - May-26 1616 PM (15 min)
@ES# - Nano Counts - May-26 1616 PM (15 min)
@ES# - Primary Analysis - May-26 1617 PM (1 hour)
@ES# - Primary Analysis - May-26 1617 PM (1 hour)
SPX.XO - Micro Counts - May-26 1621 PM (15 min)
SPX.XO - Micro Counts - May-26 1621 PM (15 min)
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.


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