Nasdaq has been following our previous outlook as close as possible. The question remains whether we are in wave x of WXY, and we should expect a surge during the US session today to form wave c. Or we are already in wave 3 of 3, and the market will suddenly sink after opening hours.
The shape of the wave does not provide for a high probability answer. I am holding gold shorts and therefore biased towards the bearish case.
The shape of the wave does not provide for a high probability answer. I am holding gold shorts and therefore biased towards the bearish case.
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⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts