S&P500 E-mini Futures H4 & Daily Update

Daily for the bulls: looks like wave 3 is finished and now we are in wave 4 correction. upside potential targets on chart.

H4 for the bears: still counting this as Double Threes Upward Corrective pattern as presented by R.N.Elliott in his book. As far as I’m concerned we need three waves up to finish last wave 3 – so far impulsive five wave structure has been counted as wave (a), now we are in wave (b) corrective area.

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

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