No change to my analysis. I am expecting price to move higher towards the 0.382 @96.47 for sub-minuette a of minor B. We don't yet have confirmation though so could technically still be the minor A wave of (4). Don't forget my turquoise count suggests that wave (4) is already over, and we're heading higher in (5). I still find this count not very likely due to the structure of how we moved off the recent bottom on 28 Feb.
In short, my primary is that we're currently in wave B with a final target of $107-$118 or even slightly higher to form a flat abc. Secondary is we need a slight low to complete minor A. Third possible outcome is that wave (4) is already over, and we've begun (5) already. Notice that every pattern I am tracking has either bottomed or is extremely close. We should be headed to the upside in very short order, if not tomorrow. MACD and RSI both support this. Let me know if my expectations are unclear.
In short, my primary is that we're currently in wave B with a final target of $107-$118 or even slightly higher to form a flat abc. Secondary is we need a slight low to complete minor A. Third possible outcome is that wave (4) is already over, and we've begun (5) already. Notice that every pattern I am tracking has either bottomed or is extremely close. We should be headed to the upside in very short order, if not tomorrow. MACD and RSI both support this. Let me know if my expectations are unclear.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.