LAST US100 LONG FOR NEXT WEEK BEFORE THE BIG DROP
Hello traders,
Following my Elliott Waves analysis, we can tell that we are in the Wave B of the C for the first down trend correction of the US100.
In my opinion for the last long:
- We are going to reach for the first objective 14482-14572 before dropping (which is the 123%-127% of extension) of the green ABC of the Orange B.
- The second objective, is at 15036, which is the 161%, but it is less likely to reach it...we never know with the volatility of the US100
After the objectives reached, we willl be dropping to:
- My strongest objective which is 11731, for the 113% of extension of the purple ABC, which is also the yellow 50% objective of the entire IMPULSIVE wave since COVID-2019 crash.
(see the red 38.2% objective that have been respected)
Following my Elliott Waves analysis, we can tell that we are in the Wave B of the C for the first down trend correction of the US100.
In my opinion for the last long:
- We are going to reach for the first objective 14482-14572 before dropping (which is the 123%-127% of extension) of the green ABC of the Orange B.
- The second objective, is at 15036, which is the 161%, but it is less likely to reach it...we never know with the volatility of the US100
After the objectives reached, we willl be dropping to:
- My strongest objective which is 11731, for the 113% of extension of the purple ABC, which is also the yellow 50% objective of the entire IMPULSIVE wave since COVID-2019 crash.
(see the red 38.2% objective that have been respected)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.