Eloquent

es 12-6 update ~

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CME_MINI:ES1!   Futures E-mini S&P 500
good afternoon,

i'm entertaining the idea of one final raid, to really shake up the bulls & initiate maximum fear in the markets.

people are talking about another covid crash, and i'm over here just doing my own thing

if we get this final 5 waves down, don't be afraid to long it ^^

i''ll drop an update if it happens, closer to the bottom of the fifth wave.

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👇

Commento:
If we take out the local high at 4606.50 then the bottom is in :]
Commento:
spy looks to have invalidated the wxyxz, if this is indeed the case, then we should see continuation from here

Commento:
it could also be another variation of a more complex corrective phase. i'm just watching for now
Commento:
potential wyckoff playing out too ~

Commento:
all 4 indexes are sitting at their corrective algo targets, indicative of one last leg down

it would be nice if we made a higher low, but it's very possible we sweep the lows in their entirety.


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