Price has moved higher during Wednesday’s session.
It was expected that the downside for price was limited. A very slight new low for the session perfectly fits this expectation.
The first target at 2,481 to 2,482 was met and passed by 2 points early in the session.
Downwards movement was expected. Another red daily candlestick has made a new low.
It looks like price has broken upwards out of a symmetrical triangle.
Some trading advice on how to use gaps is offered today to members.
Again, upwards movement continues as the main Elliott wave count expects.
And the very bearish alternate Elliott wave count remains just viable.