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dereckcoatney

Next Move on ES Could be Huge

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
dereckcoatney  
CME_MINI:ES1!   S&P 500 E-mini Futures
Wave Analysis Technical Indicators Chart Patterns es! S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
16
6
waveanalysis indicator chartpattern es! spx500 spy
*If* this ES wave count is correct, the next move down will be a complete terror (blessing).

This counter rally has retraced to the 65% fib, characteristic of a wave 2 (pink degree).

3 is the money shot. I have placed it on the chart, but in reality it would go much lower.
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