Thanks for posting today's update! As always, I appreciate and enjoy your work.
I have one question about your Elliott wave count. It looks like your wave iv peak is higher than your wave ii, which I would expect to happen only in an expanding diagonal. Are you expecting that pattern to occur? Otherwise I don't see how the count can work (although, EW count aside, I roughly share your expectations for price action over the next few months).
Still looking for my drop to 1140ish but thinking we may, and I mean may, test that 1220 level again first.
ReplyDeleteThanks for posting today's update! As always, I appreciate and enjoy your work.
ReplyDeleteI have one question about your Elliott wave count. It looks like your wave iv peak is higher than your wave ii, which I would expect to happen only in an expanding diagonal. Are you expecting that pattern to occur? Otherwise I don't see how the count can work (although, EW count aside, I roughly share your expectations for price action over the next few months).