With the advancement of the market, I decided to update my analysis for this Elliott Wave count.
Using Elliott wave in this analysis, price is likely to go down. Hope you were able to make a lot of money off my last signal from my telegram channel calling the SP500 short, $185 per entry! See the linked idea for a counter trade to this one! Free telegram channel: https//:t.me/tradeconnectvvs Youtube video describing this more in depth: youtu.be
According to this analysis it is! Hope you were able to make a lot of money off my last signal from my telegram channel calling the SP500 short, $185 per entry! Free telegram channel: https//:t.me/tradeconnectvvs Youtube video describing this more in depth: youtu.be
I'm sure the market move today made a lot of long term investors happy and a lot of bandwagon short sellers angry but according to my analysis they should feel contrasted even more! This uptrend should mark the beginning of a decent term up wave! looking forward to riding it all the way up to $2900+! I hope you were able to see my previous analysis linked below...
Elliott wave should be used more on this chart!
The final 5th wave is finally upon us! EW rules say that price should not break the red line on this chart. I am using a Downward Diagonal since this is the fifth wave which is only allowed during this wave according to Ralph nelson Elliott. I am excited to see the result of this move!
The market is behaving exactly as it should. There is no special wave counts needed for the entirety of the recent downtrend thus far. I was able to quite easily decipher the Super Cycle wave all the way through the Minor wave for the current downtrend. That being said, due to the extreme volatility I am not trying to get exact dates and times for the waves but I...
It's no surprise to anyone that the market has been falling for a few weeks now. I have some sudo good news. The market should turn up very soon, but then go down lower than the recent low and then go up higher than the first time I said it will turn up yet not make new highs and lastly go lower than even the previous low stated before. I have market the 'Lowest...