Another push higher to 14843 could be seen to complete an extended (( v )) and A. After that Index should pull back in 3 waves toward 14250 – 14300 area and resume the rally. We don’t like selling the Index and strategy remains to buy the dips in 3, 7 and 11 swings after wave A has completed.
Get the Elliott Wave Trading Mastery Bundle — Free
100% FreeLearn how to read the markets with more structure using practical guides on:
- Elliott Wave rules and market structure
- Fibonacci levels and price targets
- 3, 7 and 11-swing patterns
- Forex, stocks, ETFs and crypto
- Technical analysis and risk management
Plus, get free market insights, educational emails, and our Chart of the Day to keep building your skills.
Start learning today — no cost, no card required.
Related Articles
Stock Market
$OIH Update: Wave ((1)) Ends as Wave ((2)) Pullback Targets Key Retracement Zone
In our previous Elliott Wave update on the VanEck Oil Services ETF ($OIH), we highlighted...
Stock MarketVideo Blog
Magnificent Seven (MAGS) ETF Bullish Nested Framework in Play
The Magnificent Seven ETF (MAGS) captures the performance of seven dominant U.S. technology and growth...
Stock Market
CME Group Elliott Wave Analysis Targets 398.46
CME Group Inc. (NASDAQ: CME) continues to maintain a strong long-term bullish structure based on...
