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Neo Struggles, But Chugs Along

Neo is failing to test new highs, which is foreboding. It appears to be consolidating into a bear wedge pattern, but the central moving average of the Kovach Reversals Indicator, and the 0.618 level of the Fibonacci Fan provides support.
We appear to have completed the third wave of the impulse of the 5-3 Elliott Wave, and are in the fifth wave right now, completing the impulse. However, we must break above wave 3 to confirm it, and NEO seems to be really struggling with this.
If you like the Kovach Indicators, check them out here!
We appear to have completed the third wave of the impulse of the 5-3 Elliott Wave, and are in the fifth wave right now, completing the impulse. However, we must break above wave 3 to confirm it, and NEO seems to be really struggling with this.
If you like the Kovach Indicators, check them out here!
Join my discord at discord.io/quantguy
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Join my discord at discord.io/quantguy
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。