The more I dig into the chart, the more I think that this is what will come in the coming next month. I know it is a bullish chart. A lot of Elliot Wave chartist feel that after the 51.5k there will come the big ABC correction to partner with the May 19th correction. But, the way I see it, the move to the upside will be a prolonged one that will take even longer to achieve. Thus the big ABC correction probably will not even come until end of December or early January time.
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.