Bear count: Working on a zig zag (Wave A still) because we already topped for wave 3.
There will be a relief rally once we hit wave A bottom, which is the last pivot AVWAP. That rally could take the Q's back to 378, but that rally wont be sustained. We flush again from that 3 swing up and the Q's likely finds the bottom for wave 4 at the minor wave 2 (red 2) pivot AVWAP. That area is also trendline support, and right by the 23.6% retracement.
Note: if this bear count is right, that 362 area is the spot to go long.
There will be a relief rally once we hit wave A bottom, which is the last pivot AVWAP. That rally could take the Q's back to 378, but that rally wont be sustained. We flush again from that 3 swing up and the Q's likely finds the bottom for wave 4 at the minor wave 2 (red 2) pivot AVWAP. That area is also trendline support, and right by the 23.6% retracement.
Note: if this bear count is right, that 362 area is the spot to go long.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。