Rare Elliott wave formation found? Take a look
Spotted on the hourly.
"Leading expanding diagonal"
Key notes:
1) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
I'm definitely not an Elliottician, but figured I'd share since this market makes no sense and it's the only thing I've found to make any sort of sense.
If we go up another 2% or so this should be invalidated.
"Leading expanding diagonal"
Key notes:
1) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
I'm definitely not an Elliottician, but figured I'd share since this market makes no sense and it's the only thing I've found to make any sort of sense.
If we go up another 2% or so this should be invalidated.
Kommentar:
99xx invalidates this, until then, bears are in control.
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Twitter: twitter.com/Jedi_ant
For those unfamiliar with the pattern.