While I expected a wave B correction over the last few days, it seemed to be more of a triangle Wave 4 structure. What this means is that we are now looking at a 5 wave upmove. So the move down since the Aug end high is most likely A_B_C correction. WE should expect further upside post a wave 2 correction. Reliance should be a key contributor to the next upside leg
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
Disclaimer
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.
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
Disclaimer
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.
