Overview: let's review the expectations on the update of yesterday:
Update: we are in wave c of (I) of c of Z. A decisive breakdown through the ascending trendline on the hourly chart is a strong piece of confirmation.
- We have completed a triple zigzag in wave b.
- This count can turn into an impulsive wave with equal probability and validity, meaning the bottom is in.
- The broadening triangle on NDQ is a very bearish formation
Update: we are in wave c of (I) of c of Z. A decisive breakdown through the ascending trendline on the hourly chart is a strong piece of confirmation.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.