Eloquent

es 8\26 update

Lång
Eloquent Uppdaterad   
CME_MINI:ES1!   S&P 500 E-mini terminer
here's that minor wave 4 correction i spoke about in my last post.

took a little longer to play out than i had originally anticipated, but here we are today.

sub-wave 5's tend to see truncations often (which means they don't reach the designated target due to increased buying pressure).

that sub-wave 5 of wave c puts in wave C on a larger degree of this minor a-b-c correction

Wave 5 target = 4528.25

that upside target should put in a top, followed by some kind of larger term correction. it could be a flat, or it could be sharp - we won't know until it comes.

Kommentera:
wave 5 of wave c saw a truncation, just as i had expected - look to your next area of local resistance at 4500~4510 before another minor pullback

upside target remains the same, possibly slightly higher than what i've had projected in this post. will update the thread if something changes.


Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.