SP500 Completed 5 Wave and ABCD, Could Continue Back Up
ES hit the fib retracement target region for a 5 wave and ABCD Elliott wave pattern.
It is quite likely to continue back up before long. It recently had a series of low range days so is likely to have a range expansion which means a large upward trend day is in the cards.
After trending upward, it is also likely to try to correct back down to the red median line, although that might a long way off.
I am looking for the bulls to put up a fight here, Monday might be choppy then Turnaround Tuesday ends up as a green trend day.
It is quite likely to continue back up before long. It recently had a series of low range days so is likely to have a range expansion which means a large upward trend day is in the cards.
After trending upward, it is also likely to try to correct back down to the red median line, although that might a long way off.
I am looking for the bulls to put up a fight here, Monday might be choppy then Turnaround Tuesday ends up as a green trend day.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.