Do you want your P.5 to extend well past 4000s or WAY past 4000s?


The "Alt 2" tab shows a more accelerated count in green but that relies on counting the "tiny" June correction as all of a (2) and this recent correction as a wider running flat for Minor 2 of (3) which is significantly larger in both price and time...

The remaining Fibs for the green path are a bit more believable, but the size of the recent running flat with a VERY muted vth of C (but technically did not truncate) is more conducive to the (2). I have only put the white (3) at the 123.6% ext which still seems pretty crazy but then again we have been pounding the table about dozens of UBER bullish charts in our WaveSetups and SW300.

There are some charts that allow for more attempts at more of a (2) but those too are starting to get dragged kicking and screaming higher. They would certainly be more reliable entry setups with a clearer (2) but we have plenty of other (1)-(2)-1-2 setups to rely on.

If this is 5up from the end of Oct it should be wave i whether i of 1 of (3) or i of 3 of (3) either way ideal support is now ~3350s.

Each chart on its own.

#StockWaves

@ES# - Nano Counts - Nov-05 0802 AM (1 hour)
@ES# - Nano Counts - Nov-05 0802 AM (1 hour)
@ES# - Alternate 1 - Nov-05 0757 AM (3 day)
@ES# - Alternate 1 - Nov-05 0757 AM (3 day)
@ES# - Alternate 2 - Nov-05 0800 AM (1 day)
@ES# - Alternate 2 - Nov-05 0800 AM (1 day)
@ES# - Nano Counts - Nov-05 0803 AM (15 min)
@ES# - Nano Counts - Nov-05 0803 AM (15 min)
@ES# - Primary Analysis - Nov-05 0756 AM (2 day)
@ES# - Primary Analysis - Nov-05 0756 AM (2 day)
SPX.XO - Uber Accelerated Bullish - Nov-05 0850 AM (1 day)
SPX.XO - Uber Accelerated Bullish - Nov-05 0850 AM (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.


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