According to Elliot wave
-Wave 3 is @ 161% fib extension of wave 1 and 2 ( Usually the wave 3 is extended to the direction of the overall trend, so use caution)
(IF WE DO NOT GET A REVERSAL TOMORROW AND WE DUMP AND BREAK WAVE 5 SUPPORT WAVE 5 COULD BE WAVE 3) Extended
-Wave 5 is usually the length of wave 1 or extension of wave 3 and 4 @ at the 61% extension PRICE $96
-Wave 5 retracement levels 38% 51% 61% ($117, $124, $131)
-!I think we get relief rally tomorrow!
-I think the inflation data will be lower than expected due to oil prices being lower (energy sector)
-BUT more pain ahead so take profits
-Wave 3 is @ 161% fib extension of wave 1 and 2 ( Usually the wave 3 is extended to the direction of the overall trend, so use caution)
(IF WE DO NOT GET A REVERSAL TOMORROW AND WE DUMP AND BREAK WAVE 5 SUPPORT WAVE 5 COULD BE WAVE 3) Extended
-Wave 5 is usually the length of wave 1 or extension of wave 3 and 4 @ at the 61% extension PRICE $96
-Wave 5 retracement levels 38% 51% 61% ($117, $124, $131)
-!I think we get relief rally tomorrow!
-I think the inflation data will be lower than expected due to oil prices being lower (energy sector)
-BUT more pain ahead so take profits
Note
nope.. we may have just hit the wave 5 with recent lowTrade fermée: ordre d’arrêt atteint
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.