Breaking 3831 , Elliott wave suggests we are doubtful bullish!!

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Welcome to the Elliott wave guides:
101 Elliott wave guides doubtful of bullish only if we break .76 Fibs of yesterday's low
which stands at 3831. Just never say No with Elliott, we can tank regardless of theories,
tech books and training course we have taken or we've read ;-).

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ملاحظة

So it worked this time ; -) . On Feb 24 we were doubtful bearish, on 25+26 we were
doubtful bullish according to Elliott wave 101 guides. Now bears are in control, we
need to see the news of the stimulus hit the market Monday morning and what kind of effect it will have.

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ملاحظة

Hey Guys,

Since our ATH on the 1 Hour charts there is allot of " ABCs" or 3 waves structures, if you are a daily trader it is dangerous trade you are taking regardless how smart you are. It is better to be a swing trader like weekly or so, right now it is just much smarter.

Waves 2,4 and Bs are the riskiest buying/selling set up there is in the market du to the complexity they can get into. hope you are digging this.