As we all know that The correlation between Ger30,US30,Nasdaq and SP500 is positive,
Therefore we have been working on the impulse move in this four assert which four of them they have just completed The wave four correction. they have because when we looking at the market structure theory both four of them failed to actually break the previous market structures on the down side then and have actually retraced in 23% fib which can always be used as retracement of wave four elliott wave principle
The waves count in this regard is mainly focused on the high impulsive move only not even the fractal waves or waves within the waves.
S$P 500
Nasdaq
US30
Therefore we have been working on the impulse move in this four assert which four of them they have just completed The wave four correction. they have because when we looking at the market structure theory both four of them failed to actually break the previous market structures on the down side then and have actually retraced in 23% fib which can always be used as retracement of wave four elliott wave principle
The waves count in this regard is mainly focused on the high impulsive move only not even the fractal waves or waves within the waves.
