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REMX is positioned for a bullish move in the short to medium term. The target zone lies between $51.10 and $57.12, driven by the final stages of wave 4. This offers a potential opportunity for bullish ...
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SP500’s Elliott wave pattern appears incomplete to the downside. Decline to a Fibonacci retracement at 4,300 is the higher probability trend. Worldwide stock markets continue to take it on the ...
The Elliott wave pattern of the decline suggests the downtrend is not over and the SP500 may see prices return to the August 2024 low near 5,100. The pattern we are following is that an ending ...
We found the risk by applying a standard Fibonacci-based impulse pattern, where the 3rd wave (W-iii) targets the 1.382-1.618 ...
Fourth waves are typically described in Elliott Wave (EW) terminology as flat corrections. Additionally, EW theory includes a rule of alternation: Wave 4 differs from Wave 2. In this context, Cycle ...