DanielRonnqvist
Short

Hennes & Mauritz Elliot Wave

CHXEUR:HMBS   HENNES & MAURITZ AB
Thinking that this could fit in for the Elliot Wave theory with 1,2,3,4,5 going down and then a,b,c turning it around, perhaps over 300 swedish crown.
It depends on whether B is going lower then 5 (260) or not.
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Did not mean short above, don´t now how to change it...
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Nice analysis. I don't think it's going to break the low of your wave 5 but possibly break the low of your wave B in a 60h timeframe, give us divergence and then to up for your C wave.
snapshot
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