Market Analysis for Oct 30th, 2020

We should still get more of a iv-v inside C of (2), but this can be trying to get a little extension of circle iii first.

So far I think this is a nice calm move down. Vol is not going crazy, but I think we should see a few more fireworks into Nov before we get a lasting bottom.

Setting up for a NICE few years.

Get excited!

SO many good stock charts!

SPY TC2000 10302020 Daily
SPY TC2000 10302020 Daily
SPX.XO - Sentiment Stages - Oct-30 1510 PM (2 day)
SPX.XO - Sentiment Stages - Oct-30 1510 PM (2 day)
SPX.XO - CABPCR - Oct-30 1509 PM (2 hour)
SPX.XO - CABPCR - Oct-30 1509 PM (2 hour)
@ES# - Nano Counts - Oct-30 1511 PM (30 min)
@ES# - Nano Counts - Oct-30 1511 PM (30 min)
SPY TC2000 10302020 hrly
SPY TC2000 10302020 hrly
@ES# - Alternate 1 - Oct-30 1509 PM (1 day)
@ES# - Alternate 1 - Oct-30 1509 PM (1 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.