Hi everyone, i am glad that i am here to share my thought on Us100.
As we can see a clear rising wedge on the chart, which is also located at 61.8 fib level on Wave 3, so i expect a nice correction start from next week, in A B C pattern.
1st Target would be 14650-14700( Wave A)
and then back up to 14880-14900 area (Wave B)
Lastly down to 14350-14400 (Wave C) to complete the whole correction.
After that i do expect Us100 to continue its rally to achieve another ATH.
Information provided is only educational and should not be used to take action in the market.
Please leave your likes and comments, I really appreciate.
Nice to meet u here,
I am Elvis from Venoar Capital
As we can see a clear rising wedge on the chart, which is also located at 61.8 fib level on Wave 3, so i expect a nice correction start from next week, in A B C pattern.
1st Target would be 14650-14700( Wave A)
and then back up to 14880-14900 area (Wave B)
Lastly down to 14350-14400 (Wave C) to complete the whole correction.
After that i do expect Us100 to continue its rally to achieve another ATH.
Information provided is only educational and should not be used to take action in the market.
Please leave your likes and comments, I really appreciate.
Nice to meet u here,
I am Elvis from Venoar Capital