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 - ALGO Algorand—This crypto coin has confirmed a bullish reversal, with targets at 0.70 cents initially. A third wave is very likely in progress, which we will discuss in today’s video.
With tomorrow’s CPI hitting the tape, the markets have played a slow game today after last week’s slight selloff. All the larger trends in equities remain intact and bullish, with the largest action taking place in crypto land. Take a look at the Weekly Report to get a sense of where we stand overall. I also wrote a quick piece on Sunday that placed on the radar 6 stocks with good formations and levels to take advantage of.
Today I will review weekly Elliott Wave counts in beautiful color and go over them in daily video…
A free trial will get you 7-day access!
Keep reading with a 7-day free trial
Subscribe to Elliott Wave Café to keep reading this post and get 7 days of free access to the full post archives.