As we are about 90 minutes for the US Stock market bell ringing, overnight price movements suggest a gap higher on the opening.
Assessing the wave pattern and wave measurements, it appears this opening gap likely will get faded as we retest the lows from yesterday.
Prices could drift as high as 1970 and still be within the realm of a normal upward correction as it appears we are in wave iv. If correct, wave v would move lower retesting yesterday's low.
This view lines up with the EURUSD as well as it approaches support and may likely retest its highs from yesterday.
Assessing the wave pattern and wave measurements, it appears this opening gap likely will get faded as we retest the lows from yesterday.
Prices could drift as high as 1970 and still be within the realm of a normal upward correction as it appears we are in wave iv. If correct, wave v would move lower retesting yesterday's low.
This view lines up with the EURUSD as well as it approaches support and may likely retest its highs from yesterday.
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.