Im not one to bet against the Musk, but with global recessionary fears, rising inventory numbers, and the prospect of a short term high on the SPY, there are multiple macro confluences to factor in with this 3 wave Flat corrective move. Based on how we invalidated a 5 wave impulse to the upside with our recent price drop, this would now be my next primary count until otherwise invalidated. An invalidation would be a break above the recent high, although that would become more probable if we break above the highlighted resistance fractal.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.