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Will_Wong

ES-15m Chart. ED in progress. 5-wave impulse. Wave 4 possibly

S&P 500 E-mini Futures (CME_MINI:ES1!)  
Will_Wong Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Wave Analysis
3
0
waveanalysis
finished. Wave 5 to top of ED line. Limited upside. Retracement to Fib 61.8% shown.
Comment:
The 5-waves within the Ending Diagonal shown above has to be 3 waves. As labelled, it is invalid. As such, this is my preferred count. It appears that the correction has already started.

snapshot

Related Ideas

Will_Wong
ES-Ending Diagonal ends with a DOJI. Expects more selling.
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