NDX - initial rally of the low
The rally can be counted as an impulse, although DJI did not make a new realtive high in wave 5 (SPX did), so some prudence is required.
If we accept the idea of a five wave rally, we should try to count the correction. And indeed, succesive abc corrections seem to be forming off the high, so we need to be patient and wait for the opportunity to go long, as we have to aalow for the possibility of a fairly deep correction.
The larger picture is murky to say the least, so this is a strictly short term opinion.
If we accept the idea of a five wave rally, we should try to count the correction. And indeed, succesive abc corrections seem to be forming off the high, so we need to be patient and wait for the opportunity to go long, as we have to aalow for the possibility of a fairly deep correction.
The larger picture is murky to say the least, so this is a strictly short term opinion.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.