ES mini - ABC with an unknown bias
Gapped down on futures at open, so we're currently under the daily 18ma. Getting over it tomorrow would indicate to me the B wave will continue to about 3850 into the election and then we should have a powerful C leg down. Keep in mind that VIX has been selling off consistently for almost 2 weeks straight so a bounce there is expected soon. If the market is around 3600 when CPI comes out I'm betting it's a buy. Two paths are shown below, good luck.
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VIX to daily BB target would be around 23 dollars
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As of now the 18ma and pitchfork fib has held, I expect more upside to 3860 area before a larger leg down.
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it's possible this B wave is finished. If there are problems with the elections today, we may get a sell off today. Nothing confirmed and 3840-60 still possible.
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if they can start getting under 3780 the channel will be broken
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here's a possible count, if it's correct it should finish today around 3850 -60
