For a third day, the Elliott Wave Oscillator still diverges from price. Prices gapped down in the overnight, and when the cash market opened, they became very choppy immediately, and just ground and whipped around.
The cash market made a lower low, the futures market did not by the settlement, but it could. At any rate the count likely remains that of a FLAT wave.
|ES Futures - 4 Hr - Still Diverging|
Prices would need to get up over the most recent b wave to better confirm a flat wave in progress.
Have a good start to your evening.