Pattern recognized: Regular flat Elliot Correction Wave.
Thesis: Bullish sentiment long term, bearish sentiment short term.
Conclusion: Middle fractal suggested we would inch higher now I expect a retest of 158 which is the (A) wave. Once achieved I will look for calls.
My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY).
***This does not constitute financial advice.***
Thesis: Bullish sentiment long term, bearish sentiment short term.
Conclusion: Middle fractal suggested we would inch higher now I expect a retest of 158 which is the (A) wave. Once achieved I will look for calls.
My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY).
***This does not constitute financial advice.***
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