IBOVESPA: fourth Elliot wave? or simply a small correction?
This graphic is showcasing amazing Price Action, with Fibonacci extensions reaching its target almost perfectly; possible trendline that, if respected, would lead to a 61.8% correction from the third Elliott wave movement; and much more. I will probably update the rest of the info after I get some sleep.
Macroeconomics tells me it will go down, but who am I? :D I guess price will tell us tomorrow.
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