The Daily Drip
Markets review, strategy and analysis
Note: The EW counts on the right edge are real-time, and they are prone to adjustments as price action develops. Elliott Wave has a fluid approach, is evidence-based, and requires constant monitoring of certain thresholds.
In the counts below, this (( )) = circle on chart
Chart of the Day—GOOGL— Breaking out to new all-time highs after a series of three wave pullbacks. Being bullish above 140 is right under these conditions.
Today, we will look at the EW Counts on Daily and Weekly timeframes for SPX, NDX, DOW, IWM, GOLD, SILVER, and BTC.
Let's dive into the charts below …
