A B C

On the /ES - Some are looking at this as 1 of P3 (which I am not discounting). IMO this is 4 of C down (thus the ABC) with 5 to come. 5 of C up can truncate and thus resolve in a mass consolidation around these levels or it can run to a new high. Counting might get tough soon. I like the lower low! The only reservation I have with the ABC is lack of overall form or a larger definitive formation (triangle or wedge).

Note: No post tonight as I will be traveling to the flooded ATL for dinner.