AsimMirza786

Elliott Wave in a chopping situation

Largo
ASX:CBA   COMMONWEALTH BANK OF AUSTRALIA.
I think I can see Elliott Wave pattern but not sure how it's going to happen in current market situation.

I think the trend is still upwards (which is great) but for next few days price will swing between support & resistance 72.300 and 74.50.

since today's run was reasonably good after 5 days of price correction.

I would be keeping an eye on tomorrow's market situation especially how it opens and closes.

I think we should expect next bull run soon.
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