Choppy but still working on a (v)th.

While SPX can certainly force this back to an impulse if it wants, ES fading back from the attempted breakout last night makes it look more like an ED for micro C of a of (v) of the LD (purple sub-waves).

Normal supports for B are, 2733.50, 2729 & 2724.75.

C of (3) could target 2763 rather than 2771 and (4) is likely to fade more too.

@ES# - BIG Macro - Jul-06 0631 AM (1 hour)
@ES# - BIG Macro - Jul-06 0631 AM (1 hour)
@ES# - Alternate 4 - Jul-06 0631 AM (15 min)
@ES# - Alternate 4 - Jul-06 0631 AM (15 min)
@NQ# - Primary Analysis - Jul-06 0637 AM (15 min)
@NQ# - Primary Analysis - Jul-06 0637 AM (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.