Going below 485 will invalidate Elliot theory

三心三意 · 2024-09-26 20:06:30Z

Going below 485 will invalidate Elliot theory简介

来源: 三心三意于 2024-09-26 20:06:30 [档案] [旧帖] [给我悄悄话] 阅读数 : (393 bytes)

回答: I think It may go back to 480-485 again before reaching 500 由刻苦努力于 2024-09-26 20:00:23

Elliot theory says on a 12345 wave uptrend, wave 2 pull back can not go lower than the high of wave 1 (which is 485). If you look at QQQ today, it bounce at exactly 485 after initial sell-off.

Anyway, if QQQ "closes" below 485, I will need to spend more time to study this. it basically says we are not in wave 12345 yet, and could have deeper pullback.

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• Hope so... lol. Thanks for the analysis. -刻苦努力- ♂ (0 bytes) () 09/26/2024 postreply 20:13:41

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