DOW Elliott Wave Analysis for Tuesday 14/11/2023 (+ Higher TF)
We are still working on the wave (2) as an ABC structure. The wave B is unfolding as an ABC pattern. As we came close to the wave (2) area and based on the NASDAQ and S&P 500 analyses, the alternative scenario calls for the end of wave (2) as a WXYXZ structure. Price action in the lower time frame will further guide us in these two scenarios.
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