Long term, my analysis would classify me as a bear.
technically I'm looking at a 5 wave move down 3 up, then 3 down. now any follower of Elliot knows that a flat corrective pattern is 3-3-5 wave move.
IF the analysis is correct THEN we are in wave 1 of C. that should move DJI Futures to 26400 level, before wave 3 down.
technically I'm looking at a 5 wave move down 3 up, then 3 down. now any follower of Elliot knows that a flat corrective pattern is 3-3-5 wave move.
IF the analysis is correct THEN we are in wave 1 of C. that should move DJI Futures to 26400 level, before wave 3 down.
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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.