ES Bouncing off the Mat.

Possible this is only micro A* of a wider b, but easily all of it.

Yesterday when we started to bounce off the 100% extension of micro C ~2800 that >2816 and we would most likely see a "blue" b wave bounce toward 2840 region.

As Rowdy Roddy Piper said, "Just when you think you have all the answers... I CHANGE THE QUESTIONS!"

*A corrective (A)(B)(C) fade holding 2810-2800 could be the micro B of a wider b and the C up would again challenge the 2840s.

@ES# - Alternate 4 - Aug-16 0738 AM (15 min)
@ES# - Alternate 4 - Aug-16 0738 AM (15 min)
@ES# - BIG Macro - Aug-16 0742 AM (1 hour)
@ES# - BIG Macro - Aug-16 0742 AM (1 hour)
RRP
RRP
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.