Unfortunately I have at least three very realistic Elliott Wave counts at this time. That means I have to wait for confirmation of an accurate one. Thus far, we have been rejected in an area of major resistance. If this rejection continues, then I expect to see wave 5 down. If we bust through this we should complete 5 waves up followed by a corrective wave.
I will add an Elliott Wave count as we receive more clarity.
I will add an Elliott Wave count as we receive more clarity.
Comment:
Here's my current outlook based on the data we've received since this post. Targets will be refined as we get closer.
