@DanV pointed out that wave 4 cannot be an ending diagonal. So I am correcting my previous chart.
Studying individual components of SP500 makes me feel that the market is set for a long term sideways movement. The fact that everybody expects a bubble burst makes me even more confident in such a scenario. Still short for 2020 though.
Here I took DJI and adjusted it for inflation to make the chart less distorted.
Studying individual components of SP500 makes me feel that the market is set for a long term sideways movement. The fact that everybody expects a bubble burst makes me even more confident in such a scenario. Still short for 2020 though.
Here I took DJI and adjusted it for inflation to make the chart less distorted.
🗨️ t.me/EnergeiaCharta
🌏 energeiacharta.com
⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts
🌏 energeiacharta.com
⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts
