Appears the resistance is very strong here (see 2018 post spike) and not sure we will see it break through before a decent correction. Fisher Transform is showing around +2 (i think) .. so stretched a bit. Lots of questions but this is just an idea, would appreciate any input on my Elliot Analysis, not sure if I even have the wave pattern right tbh. lol
Note
Sorry, Fisher at +4 not +2. so definitely overly bullish and needing of correction (wave IV)Disclaimer
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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.