Elliott Wave Principles
To me looks like an Ending Diagonal. An ending diagonal occurs in Wave 5 primarily, (which we obviously are) at times when the preceding move has gone "too far, too fast"
Context : Long bull run, Stochastic turning
Fifth wave ending diagonal leads to one thing: "dramatic reversal ahead"
These are my analysis please do your own. This is done for educational and entertainment purposes only.
To me looks like an Ending Diagonal. An ending diagonal occurs in Wave 5 primarily, (which we obviously are) at times when the preceding move has gone "too far, too fast"
Context : Long bull run, Stochastic turning
Fifth wave ending diagonal leads to one thing: "dramatic reversal ahead"
These are my analysis please do your own. This is done for educational and entertainment purposes only.