A typical Elliott wave count is unfolding.
A corrective wave back to 760 and 520 seems likely.
A break above wave b which is around 1150 will negate the wave count.
The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. Waves can be identified in share price movements and in consumer behavior. Investors trying to profit from a market trend could be described as riding a wave.
A corrective wave back to 760 and 520 seems likely.
A break above wave b which is around 1150 will negate the wave count.
The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. Waves can be identified in share price movements and in consumer behavior. Investors trying to profit from a market trend could be described as riding a wave.