FinnReilly2f
Short

Short Google based on Elliott and DeMark outlook

BATS:GOOG   ALPHABET INC
218 0 1
Wave v of 5 has just completed a termination wedge , a pattern which tends to retrace a) all of its length, and b) to wave iv. As with the internal structure of wave 3 (which also ended on a wedge ), the presence of a contracting triangle gives us an objective view on where wave iv of 5 is, as triangles must always be the penultimate wave in a wave of larger degree.

Add to this the TD             Combo pattern which completed in May, and a retracement to at least 645, or further, looks increasingly likely. Use the top of the blue rectangle as a stop loss level for shorts.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out