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HelioHelix
Dec 23, 2023 7:03 PM

A bright future ahead for commodities Long

Thomson Reuters/CoreCommodity CRB IndexTVC

Description

Function: Corrective
Wave Family: Simple Zig-Zag
Macro count: 2 of 5 of 5
Invalidation points: Below 0.79 of Primary 1
Description: TRJEFFCRB is pulling back in three waves to find support at the terminus of primary (2) before taking off in primary (3). Expecting C to be 100% of A at ~230 near the base of the channel.

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