Rykin_Capital

Bouncing up on Marsh&McLennan. MMC

Long
NYSE:MMC   Marsh & McLennan Companies, Inc.
Within a channel, looking like ABCDE according to Elliot. Volume flow toward longs, and I bet P/C Ratio is bullish also.
I never shared an idea on this one for a while, but you can see a Gartley painted in there and the result.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.

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