On Friday we saw a slight new high to 16,631.63 and as long as support at 15,340 protect the downside we could see a move slightly higher towards the 161.8% * wave a target at 16,749.
That said, my long term view of a major expanding triangle developing stays the same. I do think that the upside potential from here we be very limited if we didn't see a top on Friday at 16,631.63, but we need a break below 15,340 to confirm that.
0 Komentar untuk "Elliott wave analysis of DJI - Long term count"