Global X Uranium ETFShort
Uranium down until at least 03-Jul-2023
We are near the end of completing a complex correction consisting of several 3 wave structures. I'm labeling them A-B-C-D-E. It could also be abcXabc; but in any case the trend and prediction is down. I'd like to see the correction take as long as the impulse. July 3rd is at a minimum the same length of time.
Destination for wave E is in the green box
1. is after july 3rd
2. near the gap from early 2021
3. between the .786 and 1 fib
After target is reached, we should have a strong bull market for years to come
Destination for wave E is in the green box
1. is after july 3rd
2. near the gap from early 2021
3. between the .786 and 1 fib
After target is reached, we should have a strong bull market for years to come
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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.