I got the drop I wanted for the finance sector now we look for longs after earnings. Be mindful of IV crush! Both variables have a running flat Elliott correction wave (ABC). This is formed when two trend lines are pointing up. You then look for what we call an LDC (lower degree correction) as a signal to enter a trade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.