Elliott Wave technical analysis with trading signals for Gold, WTI Oil, SPX, NASDAQ, DJIA
A confirmed break below 1820 will tend to invalidate the upside count. We are waiting for the downside alternative count to trigger as the instrument is unable to extend above 1920. And we have it with a break below 1820 so the five waves downside count is on the way and is being confirmed and validated. We are in the 4th wave pullback which is about to end. Any confirmed break below 1680 will change the upside count.
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