LAST US100 LONG FOR NEXT WEEK BEFORE THE BIG DROP

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Hello traders,

Following my Elliott Waves analysis, we can tell that we are in the Wave B of the C for the first down trend correction of the US100.

In my opinion for the last long:

- We are going to reach for the first objective 14482-14572 before dropping (which is the 123%-127% of extension) of the green ABC of the Orange B.

- The second objective, is at 15036, which is the 161%, but it is less likely to reach it...we never know with the volatility of the US100

After the objectives reached, we willl be dropping to:

- My strongest objective which is 11731, for the 113% of extension of the purple ABC, which is also the yellow 50% objective of the entire IMPULSIVE wave since COVID-2019 crash.
(see the red 38.2% objective that have been respected)

כתב ויתור

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