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dionvuletich
Aug 18, 2019 11:05 AM

NZ50G NZ Index Short

NZX 50 INDEXTVC

Description

Forming monthly tweezer top after a slightly parabolic move in recent years

Is happening at the 361.8% AB=CD move, using the law of alternation if a correction does occur from here it is likely to be a shallow 23.2% or 38.2% retracement given the deep retracement in the GFC
Comments
Bullandbeartrading
Good ABCD placement bud.
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