Messy bottom - Shopping Spree


Um, about that overnight action... yeah.

I have same purple alt (iv) (#BlameGarrett) that Avi shows. This could be some sort of funky alt i-ii of an ED down for (v) but, that projects lower than ideal in ES although it looks a little more reasonable viz the expanded flat for ii on NQ. I am still open to this being part of a wave (i) of circle i of 5 off Monday's low, but that needs to PROOVE. Either way it is limited to being a diagonal, either a small LD for (i) and this is working on starting a iii up rather than c (same c as purple alt (iv)) or that same c of the purple alt (iv) could be abc up for (i) of a larger LD for circle i itself.

I am hedged (not as much as before) for the potential of OML but I also recognize the the risk skew here strongly favors the upside. Today in the weekly StockWaves webinar Garrett & I will be presenting our "2022 Shopping List". 

@ES# - Nano Counts - Jan-27 0829 AM (5 min)
@ES# - Nano Counts - Jan-27 0829 AM (5 min)
@ES# - PSAR and iCloud - Jan-27 0830 AM (4 hour)
@ES# - PSAR and iCloud - Jan-27 0830 AM (4 hour)
@NQ# - Big Macro Clean - Jan-27 0836 AM (5 min)
@NQ# - Big Macro Clean - Jan-27 0836 AM (5 min)
SPX.XO - Sentiment Stages - Jan-27 0837 AM (1 day)
SPX.XO - Sentiment Stages - Jan-27 0837 AM (1 day)
@NQ# - Primary Analysis - Jan-27 0836 AM (2 hour)
@NQ# - Primary Analysis - Jan-27 0836 AM (2 hour)
SPX.XO - CABPCR - Jan-27 0837 AM (4 hour)
SPX.XO - CABPCR - Jan-27 0837 AM (4 hour)
Girl with personality
Girl with personality
SPX.XO - Uber Accelerated Bullish - Jan-27 0838 AM (15 min)
SPX.XO - Uber Accelerated Bullish - Jan-27 0838 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.


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