Evening Update: (a) of b Underway

Ideally (a) of b should target the .382 which is 3947 minimally....but be aware of a potential completion at the 3890-95 area at the .236. With the red count still hanging out there we should be prepared for shallow retraces. To the degree this b wave plays and retraces to the ideal location of 4030-4040 then the Red Count again loses even more probability. I've mentioned this count was a low probability to begin with...but in an abundance of caution I bring it up.

Micro count below.

www.tradingview.com/...O-ES-Micro-12-20-22/

This b wave should take us into end of this week to beginning of next week for final completion. If long, make sure you have stops in place.

Best to all,

Chris