Elliott waves - Truncated 5th example - Small/Mid Caps

١٧ يونيو ٢٠٢١

In midcap/smallcap bull market always beware about a truncated 5th wave (as shown). And a 5th wave extension in large caps (I will take a good example later on) . And always look out for alternation in wave 2 and 4 to spot (I will explain these parameters later) . Rest is explained in the chart . Regards