Preferred view now is that dip to 9655 completed wave ((B)) and wave ( X ) low is also proposed to be in place at 9984. Wave (( a )) completed at 10530 and dip to 10248 completed wave (( b )). As this level holds, expect more upside toward 10581 (0.618 ext) followed by 10790 (equal legs). We don’t like selling the Index in proposed wave ( x ) pull back and stay bullish against 10248 in 1st degree and 9655 in 2nd degree.
$IBEX 1 Hour Elliott Wave Analysis 4.29.2014
Stock Market
Related Articles
Stock MarketStocks
CoreWeave (CRWV) Forecast: Sellers Remain Active Targeting $51.55
CoreWeave, Inc., (CRWV) operates as a cloud infrastructure technology company in the United States. It...
Stock Market
PLTR: Elliott Wave Cycle Complete? Key Levels for the Next Move.
Palantir (PLTR) continues to attract investor attention as its stock trades near key technical levels....
Stock Market
Carvana CVNA Bearish Case for a 50% Drop
Carvana Co (NYSE: CVNA) soared over 13,000% in three years, capturing the market’s attention. However,...
