Labeled what I can using Fib levels, EW and OPEX/Monthly trends. White (I) took about 21 months and White (II) 3 months for 2 Year cycle. If March isn't the bottom then it's June. If > 4808.25, White (III) +2 years.
These are not random plots and are linked to a Fibonacci level, Elliott Wave Rule, OPEX and Monthly Trends. Only will be Bearish under March 2020 LOW < 2174. Over ATH 4808.25 sets up for White (III) +2 Years uptrend since White (I) took about 21 months and White (II) took 3 months. BUT if 4101.75 is breached, 3800 will come in a 5 wave and the current rally will just be Wave B, February Bottom is Wave A.
These are not random plots and are linked to a Fibonacci level, Elliott Wave Rule, OPEX and Monthly Trends. Only will be Bearish under March 2020 LOW < 2174. Over ATH 4808.25 sets up for White (III) +2 Years uptrend since White (I) took about 21 months and White (II) took 3 months. BUT if 4101.75 is breached, 3800 will come in a 5 wave and the current rally will just be Wave B, February Bottom is Wave A.
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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.