The Traderszone Network

Published in TZ Latest News 21 October, 2015 by The TZ Newswire Staff

Elliott Wave Update ~ 21 October 2015

There seems to be mounting evidence of wave [b] of Minor 2 pullback. There is a possibility that wave 2 high is in, but time-wise and wave structure-wise, it would look better if we had a [b] wave pullback followed by [c] wave advance. This structure would show itself nicely on a daily and even weekly chart.  A nice time ratio would be 3:2 which takes us to nearly December or into December.

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