Above is a 1 minute chart covering the last 4 days of trading. The market is in a similar position as it was yesterday. A correction appears to be playing out that may be wave
(iv) of
[i] of
A of
(Z) or
[iv] of
A of
(Z). This means prices are within impulse wave
[i] or
A, respectively. If one of these is not playing out, the most likely alternative is a
(b) or
(x) wave within a larger corrective
[iv] of
C of
(Y) of
[2] wave. But in any case, the market seems destined to break above 1080.15.
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