Pattern recognized: Regular flat Elliot Correction Wave.
Thesis: Bullish sentiment long term, bearish sentiment short term.
Conclusion: Middle fractal suggested we would inch higher now I expect a retest of 158 which is the (A) wave. Once achieved I will look for calls.
My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY).
***This does not constitute financial advice.***
Thesis: Bullish sentiment long term, bearish sentiment short term.
Conclusion: Middle fractal suggested we would inch higher now I expect a retest of 158 which is the (A) wave. Once achieved I will look for calls.
My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY).
***This does not constitute financial advice.***
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Related publications
Disclaimer
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.