>BAD DAY FOR FINANCIALS<ElliotWaveFLATabc>3-3-5<CORRECTION<SHORT
As this title suggests. Things could get very bad for American Financial companies.
We are directly at the cusp. 2 scenarios play out from here.
This is the bearish scenario where we have JUST completed A 3-3-5 FLAT abc Elliot wave correction from v dumps.
We should see another leg down equal to the V DUMP , dump from here. This will complete the 3-3-5 Correction on the larger timeframe. The Primary (yellow) ABC.
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A = V Dump
B = Rally to here (flat correction itself, just completed)
C = Another drop 1:1 V Dump just beginning.
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A one to one Fib Based extension of the drop puts us ... at the bottom of the chart there. The C wave completion Down.
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Pull out your shorting pants chaps. One robot fist at a time.
We are directly at the cusp. 2 scenarios play out from here.
This is the bearish scenario where we have JUST completed A 3-3-5 FLAT abc Elliot wave correction from v dumps.
We should see another leg down equal to the V DUMP , dump from here. This will complete the 3-3-5 Correction on the larger timeframe. The Primary (yellow) ABC.
-----
A = V Dump
B = Rally to here (flat correction itself, just completed)
C = Another drop 1:1 V Dump just beginning.
---------
A one to one Fib Based extension of the drop puts us ... at the bottom of the chart there. The C wave completion Down.
----
Pull out your shorting pants chaps. One robot fist at a time.