The Elliott Wave count shows the first leg up from the late August completed at 116.81 as wave (W)
Since then we have seen a zigzag decline. The divergence seen as of late with the S&P500 indicates this structure is likely to unfold as a double corrective structure, as long as wave X at 115.49 holds.
Short setup targets support lows at 95.60
Since then we have seen a zigzag decline. The divergence seen as of late with the S&P500 indicates this structure is likely to unfold as a double corrective structure, as long as wave X at 115.49 holds.
Short setup targets support lows at 95.60