Elliot Wave 4 is taking us down for a .618 Fibonacci retracement of wave 3, that means we will dip to around 5k... From a timing perspective this might coincide with a TomDemark Sequential 9th Daily candle which signals price exhaustion and likely the end of the downtrend... If my analysis is right we should get there by Nov 17th, that is 5 days from now... Stay tuned!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.