This is an update to my 03/18/23 post "Bearish Elliott Wave Count.
The price target zone for a top has been revised higher.
The time target zone is on or near 04/12/23, no change from my time forecast post.
Hourly RSI has still not reached the overbought zone above 70% and implies higher prices.
No MACD bearsh divergences.
The short-term Elliott wave pattern looks like Minor wave "E" is nearly complete.
The price target zone for a top has been revised higher.
The time target zone is on or near 04/12/23, no change from my time forecast post.
Hourly RSI has still not reached the overbought zone above 70% and implies higher prices.
No MACD bearsh divergences.
The short-term Elliott wave pattern looks like Minor wave "E" is nearly complete.
