Overview: the hourly count that I published yesterday was the bearish case that we have peaked for wave b, with a very short wave V of (c) of b. However, we did not see any follow through on the bear side and the move down from the Nov. 15th high is not impulsive. Now, I am reconsidering the same hourly count as before.
Update: we are in wave V of (c) of b. I have the same target as before: 4132.75...note that this market is so fragile that any news can through it on a different path, aka bearish count.
Update: we are in wave V of (c) of b. I have the same target as before: 4132.75...note that this market is so fragile that any news can through it on a different path, aka bearish count.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.