$SPX - Market Analysis for Nov 26th, 2018

With the market electing to gap up today without a direct retest of the Oct. low first, the 2631 low appears to be an important pivot now. Above there and my preferred path remains the wider B-wave flat in blue. Below there can open a trap door to 2554 as red wave (iii) of iii.

$SPX - Micro - Nov-26 0855 AM (1 hour)
$SPX - Micro - Nov-26 0855 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.