We have just completed a full on ABC. Wave C have just finished its 5th wave, of the 1:1 fibonacci of A-B, which indicates that we should see a upward movement.
Also the 4H RSI is telling us that we have a bullish divergence which confirms the Elliott wave count.
A movement up to 3900 is reasonable, as it is the top resistance of the falling wedge.
Also the 4H RSI is telling us that we have a bullish divergence which confirms the Elliott wave count.
A movement up to 3900 is reasonable, as it is the top resistance of the falling wedge.
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