According to my wave model, the market formed an interim top @2760 as the conclusion to wave . This means another strong wave up is due to come, which will set new all-time highs. The corrective wave may have been formed with peak @1850. Actually, we can't be sure at this point, as this correction segement may be more complex. A decisive daily close above 2320 would favor more buys in the short term.
Note
Minimum requirement for wave /5/ is met. Next strong fib resistance @3057.Telegram: t.me/NixTrading
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Telegram: t.me/NixTrading
Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Related publications
Disclaimer
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.