SPX - Alternate bearish count - CRASH
This is my alternate elliot wave count, opposed to my main count, where SPX and DJIA are resuming a bullish triangle and currently heading towards new highs to complete the advance of minor and intermediate waves (v) and (5).
As Elliot rules dictate, although not common, wave 2 can retrace up to 99 % of prior wave 1, creating a double bottom (double top in bearish markets). If wave (2) has already ended at 2860/2864, we will see the sharp decline of wave (3) in 5 subwaves, towards the 2316 zone, which is 1,618 of wave (1).
As Elliot rules dictate, although not common, wave 2 can retrace up to 99 % of prior wave 1, creating a double bottom (double top in bearish markets). If wave (2) has already ended at 2860/2864, we will see the sharp decline of wave (3) in 5 subwaves, towards the 2316 zone, which is 1,618 of wave (1).
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。