SPX500: Elliott Analysis Bullish Count for comparison
Updated
SPX: Bullish Count for comparison. We are totally neutral on the Spx500. Trading lightly holding a few long positions from Thursday.
Many DOW and RUT stocks look completely oversold. Dollar may have one more leg up then likely lower, good for commodities who have also been beaten up lately.
So I wanted to show you a reasonable BULLISH count as well. Trade carefully. until there is a clear structure we are not out of the woods yet.
Many DOW and RUT stocks look completely oversold. Dollar may have one more leg up then likely lower, good for commodities who have also been beaten up lately.
So I wanted to show you a reasonable BULLISH count as well. Trade carefully. until there is a clear structure we are not out of the woods yet.
Note
Bearish count for comparison.
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.