EW analysis of Correction since Feb High

115
You can count this as an atypical impulse or more traditional WXY corrective structure. What I think is going on is this is likely an impulse that was morphed because of bullish/bearish factors that is why you don't see an obvious impulse in the other indices such as Nasdaq or SPX.

Since June we are making a triangle/diagonal structure with 5 waves or ABCDE with each leg having 3 waves. Once complete we should have a bullish swift retracement.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.