S&P trying to breach the triangle-More on the Bearish side. Breaching the trendline. Likely to see more fall in the market. Stochastics also pointed in the same direction.
Auto Desk (ADSK) wave 5 in progress and trying to reach the target price of $238 - $240. This is on a daily chart. Wave 3 showed some extension so wave 5 might not complete its full course. Another confluence is that RSI Crossed 50. Also, the MACD Line crossed the signal line.
Looking at all the support levels, seems like Bank Nifty either completed Wave 5 or is near completion on the daily chart. It might fall to 39300 in the coming days.
LMPX is now completing Wave 3 of Elliot wave. The pullback might see the 7.9 but eventually it might bounce back to 10.2 in 4-6 Week time frame. Wave 2 was a flat correction so look for opportunity to enter at Mid to high 7 range as Wave 4 would be a steep correction.
YOU Started Elliot Wave 5 Target 32.11. All Ellit wave rules are followed. Wave 2 was a flat correction and Wave 4 is steep. Can achieve the target in 1 Week.
