Im still fairly new to EW, (so please comment, i like to learn) but its usually a bearish sign with the end of the 5th wave is at / or lower then the 3rd wave. Mix that in with the fact that we have been crazy bullish the past few days, its safe to assume the bull is getting tired. My guess is we will fall to old support around 915 / 920 for a small wave up, then more downfall. Good luck all
Comments
errrrnt
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very clear points, thanks!
YR
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Ronald,the best thing at your charts that it is so simple but effective enough to know the idea...Good Work...Keep going...:)
compago
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thanks for the introduction to the Elliot Wave. Remarkable.