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Tuesday, September 10, 2019

Elliott Wave Update ~ 10 September 2019

The market doesn't really have any clear cut wave structure primary count. The last update showed a very nice triangle but that was so obvious that it didn't pan out. Triangles are usually more subtle.  All I can post is some trendlines, channel lines, and other such potential triangles for the short/medium term.
However, the longer term count hasn't changed. It is implied that eventually a higher market high will occur no matter the short term gyrations.


Wednesday, September 4, 2019

Elliott Wave Update ~ 4 September 2019

It has been triangulating. That would imply its consolidating for a thrust downward.
Which also implies that the short term is corrective and thus the intermediate is to finish the wave structure higher.