SPX500usd ELLIOTT triangle correction
Wave-4 triangle patterns are notoriously difficult to risk manage, and you often get it wrong and I hold several different counts.
I did a little more work on an alternate count. This chart shows a 3-3-3-3-3 triangle which is a bit more bullish that the 5-3-5-3-5 triangle pattern on previous posts. The problem is the NAS100 and the SPX500 look slightly different.
I did a little more work on an alternate count. This chart shows a 3-3-3-3-3 triangle which is a bit more bullish that the 5-3-5-3-5 triangle pattern on previous posts. The problem is the NAS100 and the SPX500 look slightly different.
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