$ES - Market Analysis for Nov 12th, 2018

Minimum downside target at 2734 has been achieved, but the subwave structure for wave (c) of ii/b looks incomplete. Therefore, another micro 4th and 5th may take price down closer to the .500 retrace at 2708 before bottoming.

ES Z18 - Micro - Nov-12 0825 AM (1 hour)
ES Z18 - Micro - Nov-12 0825 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.