I have what I think is a fairly detailed and accurate Elliott count form the recent low. It does look like we're finishing the last wave of the much larger wave 1 (assuming the low that we recently had was the bottom...which is a big assumption). The question is.."Where do we finish?" I have marked up some common targets based on fib extensions of the last (red) 5 wave. Let's see if one of them is hit
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.