Well, this is not elliott wave count, this numbers are just to point that there are some pattern similarities which could be indicating that we are in A wave of triangle. Wave A could end now or rebund 3-4% for b wave and end at 3050 with c wave at 38,2 fibo after which we could go to new ath in B wave. well, if this is the case than this triangle could last through autumn but first half of next year could be great for stocks....if this happen we should sell in may and go away.
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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.