June 27th – ES

As I mentioned before, while the larger count is still bearish, the recovery has many possibilities. One of them is represented with the red count that sees the end of wave ((ii)) within the blue rectangle. But that is not the only possibility… should prices continue above 4166 basis the continuation contract, then we may have a larger wave two in progress.

Houssine

Prof. Aldo Lagrutta is an awarded Certified Financial Technician from the International Federation of Technical Analysts and holds several financial market designations, including the coveted Certified Elliott Wave Analyst.

He is a also a member of the Society of Technical Analysis, holds the CFT’e and is a recipient of the Bronwen Wood Prize bestowed by the Society of Technical Analysis in London.

Prof. Aldo Lagrutta grew up as a music child prodigy and became the youngest Professor to teach in several universities and conservatories around the world. He performed for 2 decades as a concert guitarist in Europe, Africa, North and South America.