Elliott Wave Count: Flat Correction (3-3-5)
- Waves A and B of the Flat have completed.
- Wave C is an Ending Diagonal (*A very small percentage of diagonals appear in the C-wave position* | sequence 3-3-3-3-3)
Targeted "Top" of Wave C of Ending Diagonal Wave 4 of the Flat Correction near the .618 Fib @ $242.84
Beginning of descending...
Using Elliott Wave Theory, I'm expecting a sharp move down in the coming days.
The current correction is a Flat Correction (3-3-5 wave sequence). Waves A and B of the Flat Correction completed as expected, Wave C is different as it is an Ending Diagonal Pattern. Ending Diagonal Patterns have different wave structures than Impulse Waves. Ending...