Hello everyone
This chart can be so helpful for who are trading NYSE instruments and it is very close to Dow chart.
According to this chat we have had a rally in Oct 2022 and I marked it as wave 1/A Primary and then a textbook correction that ended with 14638.3728 in Oct 2023 (Exactly one yea later) and then another rally started as a clear 5 wave impulse and it is been a while that we are in a channel that might probably wave 5 minor.
There are 2 scenarios :
1- this bullish minor impulse was wave C of ABC primary that is making an expanded flat for wave 4 in higher degree or
2- it was just wave (1) intermediate of wave 3 primary and then we will see a HUGE bullish market for NYSE members.
Note: If you consider Kennedy Channeling (I love it) this channel is a terminated channel (wave 5 Minor) and it decline break out will be the end of wave 5 Minor.
This chart can be so helpful for who are trading NYSE instruments and it is very close to Dow chart.
According to this chat we have had a rally in Oct 2022 and I marked it as wave 1/A Primary and then a textbook correction that ended with 14638.3728 in Oct 2023 (Exactly one yea later) and then another rally started as a clear 5 wave impulse and it is been a while that we are in a channel that might probably wave 5 minor.
There are 2 scenarios :
1- this bullish minor impulse was wave C of ABC primary that is making an expanded flat for wave 4 in higher degree or
2- it was just wave (1) intermediate of wave 3 primary and then we will see a HUGE bullish market for NYSE members.
Note: If you consider Kennedy Channeling (I love it) this channel is a terminated channel (wave 5 Minor) and it decline break out will be the end of wave 5 Minor.
Ghi chú
Purple channel is broken down and wave 5 Minor probably ended.
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.