In Elliott Wave Theory, flat patterns are consolidation moves that are designed to eat up more time than price. Flat patterns tend to be shallow retracements of the previous trend and when finished, ...
The U.S. stock market indexes gained 0.3-0.6% on Wednesday, retracing some of their Tuesday’s move down, as investors’ sentiment slightly improved despite rising bond yield. The S&P 500 index bounced ...
Three weeks ago (see here), we showed Bitcoin (BTCUSD) continued to follow the fractal with the January 2021 correction, and based on our Elliott Wave Principle (EWP) analyses, we found that “… we ...
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