Some things suggest the a deeper "fade".

By Zac Mannes

Jan 18, 2019 - 12:34 PM EST

I see even more risk here, not less.

The only way I see some things making only a nominal new low now is the yellow LD for alt (A).

MANY names can argue for this being a B wave in a bigger (A) rather than A of a bigger (B).

@NQ# - Primary Analysis - Jan-18 1232 PM (1 hour)

@NQ# - Primary Analysis - Jan-18 1230 PM (1 day)

@NQ# - Primary Analysis - Jan-18 1232 PM (4 hour)

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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