Rare Elliott wave formation found? Take a look
Updated
Spotted on the hourly.
"Leading expanding diagonal"
Key notes:
1) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
I'm definitely not an Elliottician, but figured I'd share since this market makes no sense and it's the only thing I've found to make any sort of sense.
If we go up another 2% or so this should be invalidated.
"Leading expanding diagonal"
Key notes:
1) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
I'm definitely not an Elliottician, but figured I'd share since this market makes no sense and it's the only thing I've found to make any sort of sense.
If we go up another 2% or so this should be invalidated.
Note
imgur.com/a/RTec6For those unfamiliar with the pattern.
Note
99xx invalidates this, until then, bears are in control.
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Twitter: twitter.com/Jedi_ant
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