Lenny Kravitz & Leading Diagonals

I remain very bullish, I am looking for this 5th of (5) of Primary 3 to rally well into the front half of 2019 and ideally extend the S&P up to the 3300s. But to last that long and extend that much I think we need to continue the pace set off the April low building a firmer base as a Leading Diagonal for i of 5 and then getting a nice wide wave ii. A lot of folks don't like Leading Diagonals, they find them tedious and difficult to master... but if you were to think of them as foreplay before a bigger rally can ensue it might change your tune. Speaking of tunes... you will need some good LD music, might I suggest a little LK for your LD listening pleasure. If you shift your mind set into thinking in 3s, and I don't mean that impulsive third... I am talking about the gently dancing sway back and forth of abc-abc-abc-abc-abc. You start to become attuned to your diagonal, you can anticipate her moves and respond.

We can count this bounce off the low yesterday as another b inside the (iv) setting up another attempt at a c wave down toward 2710-2695 region.

Oh LD, I belong to you, I belong to you, and you, and you belong to me too. You make life complete, you make me feel so sweet.

@ES# - Alternate 4 - Jun-20 0857 AM (15 min)
@ES# - Alternate 4 - Jun-20 0857 AM (15 min)
@ES# - BIG Macro - Jun-20 0859 AM (1 day)
@ES# - BIG Macro - Jun-20 0859 AM (1 day)
@ES# - BIG Macro - Jun-20 0858 AM (1 hour)
@ES# - BIG Macro - Jun-20 0858 AM (1 hour)
SPX.XO - Micro Counts - Jun-20 0918 AM (15 min)
SPX.XO - Micro Counts - Jun-20 0918 AM (15 min)
@NQ# - Primary Analysis - Jun-20 0919 AM (30 min)
@NQ# - Primary Analysis - Jun-20 0919 AM (30 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.