Elliott wave counting on DOT, what's next?

this counting could be calculate based on impulsive (12345) or Zigzag (ABC)

of the master wave we could expect on the market run.

so if we accept this calculation rule, we are now in wave ((II)) of the master impulsive

or wave (B) of the master Zigzag (ABC). (this pattern will be more clear in near future)

the short term (abc) correction will resume following to the completion of leading diagonal pattern

from wave (A) or ((1)) on the master wave. so I draw the possible (abc) wave scenario on what

leads to complete the wave (B) or ((II)) from this master impulsive or Zigzag wave.

this is just an estimation of what could happen in near future. however we should consider

other technical analysis factors too. lets see



Enjoy the market
Chart PatternsTrend AnalysisWave Analysis

Related publications

Disclaimer