10:09 AM - 5 Min |
[10:04 AM] - Possible five waves here with an ED.
10:04 AM - 5 Min |
[6:54 AM] - Buyers coming in at 1850. This is also the level of the previous wave 4 triangle, which would be typical level of retracement for wave (4) per EW.
This may be the completion of the first zigzag of a larger complex correction. Won't be surprised though if we now trade in a range between 2015 - 1850 to complete wave (4).
6:56 AM - Daily |
[6:19 AM] - Based on futures action, looks like wave -ii actually completed yesterday. We'll see where wave -iii lands.
6:19 AM - 5 Min |
Daily |
1850 should be the next test.