Swapping LDs - Market Analysis

I think we keep stretching toward 2615 region with a 4-5 in the blue c of (ii).

IF we were to turn up here in more than a micro 4 (> ~2643) then I would be looking for the purple (b) of e of the triangle.

BOTH are still valid on this decline but I think the edge is slightly in favor of the blue (i)-(ii).

We knew a break of 2657 made this drop likely and took the smaller green LD potential out of the running. Good riddance, the blue LD lines up much better for the larger 5th of (5) of P.3 like I have stated before.

SPX.XO - Micro Counts - Apr-24 1358 PM (15 min)
SPX.XO - Micro Counts - Apr-24 1358 PM (15 min)
SPX.XO - BIG Macro - Apr-24 1401 PM (4 hour)
SPX.XO - BIG Macro - Apr-24 1401 PM (4 hour)
SPX.XO - Micro Counts - Apr-24 1401 PM (1 hour)
SPX.XO - Micro Counts - Apr-24 1401 PM (1 hour)
SPX.XO - CABPCR - Apr-24 1403 PM (1 hour)
SPX.XO - CABPCR - Apr-24 1403 PM (1 hour)
Zac Mannes is co-host of the service Stock Waves within the ElliottWaveTrader Trading Room that provides wave alerts and trade set-ups on individual stocks.