We hit the wave 4 target that we talked about in the last post... where are we going???????? honestly i have no clue but this is what the chart is telling me....
We are in a larger time frame pull back..
Y'all already know the elliott wave count it's pretty much stayed the same the last couple of days...
Right now i see wave 5 coming.. ADX is detecting a weak downtrend which tells me that we are in a pull back not a new impulse wave.. that could change but as for now thats what im seeing..
Scenario #2 would be what everyone wants.. the bull market to return.. yes inflation reports have been positive but a bullish market, low unemployment and booming economy is not what the fed wants. Regardless we are gonna make money in a bull or bear so it really doesn't matter.
Thank yall
God bless
We are in a larger time frame pull back..
Y'all already know the elliott wave count it's pretty much stayed the same the last couple of days...
Right now i see wave 5 coming.. ADX is detecting a weak downtrend which tells me that we are in a pull back not a new impulse wave.. that could change but as for now thats what im seeing..
Scenario #2 would be what everyone wants.. the bull market to return.. yes inflation reports have been positive but a bullish market, low unemployment and booming economy is not what the fed wants. Regardless we are gonna make money in a bull or bear so it really doesn't matter.
Thank yall
God bless
注释
hello traders just a quick update, so our wave 4 hit perfectly at the 38% fib level, this week i didn't expect much action due to the holidays but i expect wave 5 to hit sometime next week..交易结束：到达目标
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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。