Market Analysis for Apr 12th, 2022

By Zac Mannes

Apr 12, 2022 - 8:02 AM EDT

No confirmation of a bottom yet.

If we count of the yellow 4 on ES (the same low as NQ) then possible this is already the circle i-ii of 5 there.

YM did make a nominal lower low too so switching to the micro WXY for that iv.

@NQ# - Big Macro Clean - Apr-12 0801 AM (30 min)

@ES# - Nano Counts - Apr-12 0805 AM (1 hour)

@YM# - Primary Analysis - Apr-12 0821 AM (1 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.

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