Decline to 17683 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17971, wave b ended at 17909, and wave c of (w) completed at 18208. Wave (x) pullback is currently in progress towards an ideal target of 17807 – 17946 (50 – 76.4 back of wave (w) rally). We don’t like selling wave (x) pullback and expect buyers to come at the area above for continuation higher or at minimum 3 waves higher to correct the decline from 18205.23.
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Twitter: cmellon1976
Skype: EWF Hendra
Website: elliottwave-for.../amember/go.php?r=2670&...
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Twitter: cmellon1976
Skype: EWF Hendra
Website: elliottwave-for.../amember/go.php?r=2670&...
