Just running through a chart for a member on reddit trying to explain my view of XEF Shares Core MSCI EAFE IMI Index ETF) dropping in the short term. This combined with my belief that the overall markets are too high at the moment.
not a perfect example but it's close to show the Alt Bat formation (next stage being bearish)
Showing the Elliot wave formation on XEF, next in theory is the A B C Sequesce which is the bearish correction