Do Your Own Research. I've been waiting a long time for this Elliott wave model to play out. Just want to document the idea. P.S. like most here, I'm not a financial advisor; however, it feels like the downtrend over the last few weeks could play out one of two ways...
1. consolidation before liftoff or
2. an extended winter lull with low-lying wicks to backfill.
Either way rest assured that in the upcoming weeks Man-Bear-Whales will try to test those low weekly wicks from September.
Note
Enter the bears... :bear:Note
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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.