Indexes made an exhaustion gap yesterday with a sharp reversal today.
Last time this happend we went on to new highs.
But be cautious before jumping in!
I have 2 counts for now.
1) We finished ABC of higher degree wave 2, so, will go higher.
2) We are in an impulsive wave down currently making a wave (iv), so, one more leg lower.
Last time this happend we went on to new highs.
But be cautious before jumping in!
I have 2 counts for now.
1) We finished ABC of higher degree wave 2, so, will go higher.
2) We are in an impulsive wave down currently making a wave (iv), so, one more leg lower.
Note
Second count : Note
This is what happened last time Note
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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.