S&P500 E-mini Futures H4 Update

The first count is all about breakout to the upside for the last wave up to finish the Double Three upside corrective pattern as wave Z that I have found on R.Pretcher  „The Master Works of R.N.Elliott ” book (page 175).

Second count assumes wave Z is finished and now the price is in some sort  of mixed up triangle pattern  as a wave 2 and we are waiting for a breakout to the downside from that triangle. Fibo Time Cluster resistance might be helpfull here: no higer high was made during the cluster period.

As usual, time will tell.


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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