we could see the leg to the down from a whole number 156 to 155. 3rd leg being equidistant. more than an elliot wave it would be a balancing act done by the market that it does before continuing in any direction. we see there is no structure break and we had a big push toward up and now we are seeing a healthy price action towards down to balance the market.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.