Stealth & Cunning - Market Analysis for Sep 28th, 2018

Feel free to ask questions.

The green impulse on SPX 1day matches Avi's blue count, but relies on this move off Sept low being ANOTHER wave 1-2 at micro degree inside iii of (iii) of circle iii of 5. This would require that we hold the recent low or certainly 2880s as 2 and BLST off from there and would need ot be targets the FAR upper echelons of the target box ~3400.

The other option is the ED and it is not yet clear if the circle ii topped and this is the start of circle iv, or if there is still going to be attempts at higher in iii. Again Under 2880 region and MOST likely we are in the ivth of the ED with likely support in the mid to lower 2800s.

Until then we must look for PirateNinja clues. And this can be hard because Pirate Ninjas can be sneaky devils who rely on stealth and cunning.

@ES# - BIG Macro - Sep-28 1021 AM (2 hour)
@ES# - BIG Macro - Sep-28 1021 AM (2 hour)
SPX.XO - Alternate 6 - Sep-28 1016 AM (1 day)
SPX.XO - Alternate 6 - Sep-28 1016 AM (1 day)
SPX.XO - Micro Counts - Sep-28 1025 AM (15 min)
SPX.XO - Micro Counts - Sep-28 1025 AM (15 min)
@ES# - Alternate 4 - Sep-28 1025 AM (5 min)
@ES# - Alternate 4 - Sep-28 1025 AM (5 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.