A long term swing trade could be coming into play soon in historically relative terms. Very simple long term Elliot Wave analysis shows 5 waves down, no looking for a wave retracing to the highs of the 4th wave by the lat 2020's or early 2030's. Look at that long term descending wedge pattern too. Very indicative of a long term move higher
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.