If you’re bearish, this advance has run its course and is now entering an A-B-C correction. The NYSE has completed a five wave advance from the October lows which coincided nicely with the Fibonacci levels. While the market should bounce at a Fibonacci retracement level, the trend is now down and any weak rallies should be sold.
2 thoughts on “If you’re bearish (Elliott Wave Edition)…”
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Two of a trade can never than one.
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tells the hard-working people in Anhui and hard. “Phase two tire look, unique Jingtingshan”, “day break Chujiang door open, clear water flows east far back”, “the saying Guilaibukan Mountain, Huangshan Guilaibukan Yue” …