But counting on the shape that this correction is taking a new short bottom with a high math chance has been formed around the low of 23,881.87.The Short Bottom Probability is now 89%, its Target Shell is pointing at 25,300/25,700 zone (x wave). There a final wave y should be topping and getting the prices down back in the 23,800 zone (even lower than) to make a new final medium term bottom, that should trigger prices up, to the TARGET SHELL of 28,000/28,100.
The big bear that all elliotitians are aware about, in my opinion is not here ….yet.
The big bear that all elliotitians are aware about, in my opinion is not here ….yet.
About the EW pattern it keeps for now, this wave Y is extending more than all we need and want. Until I have at least 60% bottom chance I´ll take a step off from DJ futures on bought. I only have sold hedge position running, up now.