Market Analysis for May 27th, 2020

It seems small but the little push past yesterday's high gives the edge to this being the c of 5 already and any further consolidation being the "alt b". If this is the case then ideally the fade in RTH yesterday was the wave (ii) of c and we can still stretch this to 3130 as a nice impulse for c rather than only limping toward 3080.

@ES# - Primary Analysis - May-27 0717 AM (1 hour)
@ES# - Primary Analysis - May-27 0717 AM (1 hour)
@ES# - Nano Counts - May-27 0721 AM (15 min)
@ES# - Nano Counts - May-27 0721 AM (15 min)
@ES# - Alternate 1 - May-27 0727 AM (4 hour)
@ES# - Alternate 1 - May-27 0727 AM (4 hour)
SPX.XO - BIG Macro - May-27 0750 AM (1 day)
SPX.XO - BIG Macro - May-27 0750 AM (1 day)
SPX.XO - BIG Macro - May-27 0749 AM (4 hour)
SPX.XO - BIG Macro - May-27 0749 AM (4 hour)
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.