![Elliott Wave view: S&P 500 futures ($ES) wave five in progress [Video]](https://pentlandpress.co.uk/wp-content/uploads/2024/11/174030-elliott-wave-view-sp-500-futures-es-wave-five-in-progress-video.jpg "Elliott Wave view: S&P 500 futures ($ES) wave five in progress [Video]")
Breaking news
Rapid Duration of time Elliott Wave Leer in S&P 500 Futures (ES) suggests rally from 8.6.2024 low is in progress as an impulse. Up from 8.6.2024 low, wave 1 ended at 5669.75 and pullback in wave 2 ended at 5394. Wave 3 increased ended at 5927.25. Dips in wave 4 unfolded as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 5861.25 and wave (b) ended at 5904.25. Wave (c) decrease ended at 5801 which executed wave ((w)) in increased diploma. Rally in wave ((x)) unfolded as a zigzag structure. Up from wave ((w)), wave (a) ended at 5870 and wave (b) ended at 5822.5. Wave (c) increased ended at 900.75 which executed wave ((x)) in increased diploma.
Breaking news S&P 500 futures (ES) 60 minutes Elliott Wave chart
Index then turned into decrease in wave ((y)) with internal subdivision as a zigzag. Down from wave ((x)), wave (a) ended at 5835 and wave (b) ended at 5893. Wave (c) decrease ended at 5724.5. This executed wave ((y)) of 4 in increased diploma. The Index has resumed the rally increased and made a brand original excessive. Up from wave 4, wave (i) ended at 5758.75 and wave (ii) ended at 5735. Wave (iii) increased ended at 5954 and wave (iv) ended at 5900.75. Ask the Index to finish wave (v) of ((i)) quickly, then it is going to pullback in wave ((ii)) to easily cycle from 11.5.2024 low earlier than it resumes increased. Stop to length of time, whereas pivot at 5724.5 low is intact, inquire pullback to find investors in 3, 7, 11 swing for further upside.
ES_F Elliott Wave video
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