NAS100USD: ELLIOTT Complete Analysis with Commentary
Diupdate
Today, The BEARS had their opportunity but failed to take charge.
As a result we believe Wave-3 is continuing, and we currently in the 5th-wave of Wave-3 expecting a minor local pull back (but not a new low) corresponding to APPL's exhaustion drop after earnings. After this Wave-3 completes, expect a series of wave-4/wave-5 chop moving forward into next year.
Trade your Plan.
As a result we believe Wave-3 is continuing, and we currently in the 5th-wave of Wave-3 expecting a minor local pull back (but not a new low) corresponding to APPL's exhaustion drop after earnings. After this Wave-3 completes, expect a series of wave-4/wave-5 chop moving forward into next year.
Trade your Plan.
Catatan
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