Don’t Fight the Trend | SP500 Wave Count + BTC, ETH, XRP Update
Markets review, strategy and analysis
In today’s video, I review the continuation of the market uptrend and explain the anatomy of a top—how to spot one and why it’s dangerous to fight a strong trend before key signals appear. I go through updated Elliott Wave counts for the main equity indices, all of which remain incomplete and point to more upside potential. On the crypto side, Bitcoin (BTC), Ethereum (ETH), and XRP have broken key resistance levels and are now backing and filling, a healthy consolidation that could set up the next leg higher.
If you’re new to Elliott Wave or need to refresh, there is a 7-hour video course with downloadable slides under EW Course tab on the website.
You can find it HERE.
Cris,
EWCafe