It depends on whom you ask. The Elliott Wave theory has been around for more than a century and has been an extensively researched and traded technical analysis methodology used by numerous authors
https://www.youtube.com/watch?v=3X28zgVfXio&ab_channel=AmegaFinance The SPX has found support at the base channel near 4450 as part of wave 3 of an expanding wave flat C after falling c. 3.5% from its high yesterday. Wave 5
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.67381-0.67305 and it has a potential to reach the target zone №2 0.66621-0.66545. The best prices to
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.24591-1.24482 and it has a potential to reach the target zone №2 1.23453-1.23346. The best prices to
https://www.youtube.com/watch?v=o3lYXJrYVfE&t=6s&ab_channel=AmegaFinance GOLD closed 1.50% higher yesterday and is poised to move towards $1850 on the back of a double zigzag pattern. With the upward movement looking more like a correction, another leg down
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 113.824-113.695 and it has a potential to reach the target zone №2 112.543-112.416. The best prices to
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.13067-1.12979 and it has a potential to reach the target zone №2 1.12187-1.12099. The best prices to
https://www.youtube.com/watch?v=LC-psbz8lNM&ab_channel=AmegaBroker Bringing the expanded flat variation back into the game has proven decent as the SPX plummeted over 4% since the correction high at 4750 in what looks to be a wave 3.
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.91588-0.91471 and it has a potential to reach the target zone №2 0.90428-0.90314. The best prices to
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.72341-0.72261 and it has a potential to reach the target zone №2 0.71541-0.71461. The best prices to
