Something fishy: in terms of Elliott Waves, we should be buying

٢٧ يناير ٢٠١٩

In fact, if we are indeed in the longest bull market in history, then we may be only starting to create wave 5 if what I consider to be wave 3 is in fact ... wave 3. This is puzzling me, a lot.

٢٧ يناير ٢٠١٩

ملاحظة

Wave 4 can retrace at most at bit above 50% (not overlapping wave 1) if it has to be valid. Meaning that a previous target at 4190 is plausible. I expect the market to bounce at 4227. But it could then go test 4190 later (accumulation range).