Stopped on the .618 retrace today but looks like it'll complete the inv H&S pattern to around 550... where:
- there's tons of resistance from last winter's tops
- Elliot wave theory says wave 3 cannot be the shortest wave. Meaning wave 5 will max out at 552.50
- Reversing at around 550 would paint a three drives pattern
- there's tons of resistance from last winter's tops
- Elliot wave theory says wave 3 cannot be the shortest wave. Meaning wave 5 will max out at 552.50
- Reversing at around 550 would paint a three drives pattern