Short ALTs Season is coming
Hello all,
The ratios and harmonics show that the ABCD pattern in the immediate order flow will get in confluence with the bigger order flows at the ellipse which will lead to correction (0,38 FIb - 0,50) of the ABCD completion. That means that we will have a short ALTs run and then we will get it the boring correction again until we find strong support probably at the 0,38 Fib correction. Then we could expect the actual ALTs season. (Probably after February). Let's see what the market will roll out for us.
The ratios and harmonics show that the ABCD pattern in the immediate order flow will get in confluence with the bigger order flows at the ellipse which will lead to correction (0,38 FIb - 0,50) of the ABCD completion. That means that we will have a short ALTs run and then we will get it the boring correction again until we find strong support probably at the 0,38 Fib correction. Then we could expect the actual ALTs season. (Probably after February). Let's see what the market will roll out for us.
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