Next leg up.


I am counting this as the start to c of (iii) in my blue Leading Diagonal.

Ideally SPX is micro 1 and needs a bit more 2 retrace, but the ES move that started off corrective as yellow sub-micro (4) of the ED for C of b is not clearly complete as a micro wave 1 up.

*The DJI was the "clue" into close on Tuesday looking more clearly like a completed micro WXY (purple) for the b of (iii).

@ES# - BIG Macro - May-31 0753 AM (1 hour)
@ES# - BIG Macro - May-31 0753 AM (1 hour)
@ES# - Alternate 4 - May-31 0735 AM (10 min)
@ES# - Alternate 4 - May-31 0735 AM (10 min)
SPX.XO - Micro Counts - May-31 0751 AM (15 min)
SPX.XO - Micro Counts - May-31 0751 AM (15 min)
INDU.X - Primary Analysis - May-30 1114 AM (15 min)
INDU.X - Primary Analysis - May-30 1114 AM (15 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.


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