As title suggests, we have completed an Elliot complex WXY ( 5 - WXY - 5 structure: 3 seperate timeframes).
This analysis on the NQ100 NASDAQ futures.
I am expecting a sharp rally this week. A retest of ATH, and fail.
I then expect to see a 3 wave pullback off this 5 wave impulsive move up from lows.
That making a 5, and a 3. Then another 5 wave move up to break ATH's.
This will infact be an inverse zig zag correction from the COVID 19 lows which is in fact an exact fractal of the current wave 4 completion I am highlighting in this post.
Inspect this comples WXY wave for I have described in my post. We will see this exact pattern (fractal) replay itself out on a much much larger time frame over the coming months.
This is the wave 4 correction zoomed in. Anyone should be able to discern the details of the 3 descending timeframe WXY's. Also note the entire shape of the WXY. If you invert it, this is what I believe we are seeing on the largest time frame. This same wave 4 fractal.
Anyone should be able to discern the details of the 3 descending timeframe WXY's. Also note the entire shape of the WXY. If you invert it, this is what I believe we are seeing on the largest time frame. This same wave 4 fractal.
Here:
omidmokri
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Great
thatsblatzphemy
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@omidmokri, Thank you. I hope you don't take what I said too serious. And just realize there is always room to grow and learn. I am serious about assisting if you have any questions. Let's all make money together friend. Elliot wave also just has a bad rap for good reason. We need to take care of each other. Better for you. Better for Elliot wave reputation.
Cheers bud
omidmokri
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@thatsblatzphemy, Thank you my friend, but you should have put this text under your comment in my post, not here