Nov. 5th – ES

I have labeled the 2 hour chart to reflect a potential top for Primary wave ((3)) coming today or early next week. There is resistance sandwiched between 4707 and 4725
If these interpretation is correct, we should expect the next meaningful move to be a decline with the power to bring prices towards 4550
Please be sure to check Momentum before you enter short.

Aldo Lagrutta

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.