$SPX - Market Analysis for Nov 20th, 2018

One more spike down for a quick retest of the October low to complete blue wave (c) of b before reversing remains preferred. However, if price cannot climb back above 2659 on the subsequent bounce, then the red count comes into play instead.

$SPX - Micro - Nov-20 1214 PM (1 hour)
$SPX - Micro - Nov-20 1214 PM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.