A red daily candlestick fits the Elliott wave count nicely. The target may be met tomorrow.
Upwards movement unfolded as expected for Monday’s session.
The main Elliott wave count today will have two hourly charts, a main and an alternate.
Upwards movement was expected for Tuesday.
Price made a higher high and a higher low, and the daily candlestick closed green but only just.
Downwards movement was expected for Monday. The short term target was at 2,128, but it was anticipated this may not be low enough.
Price did move lower and below the target to reach down to 2,124.56 for Monday’s session.
Sideways movement was expected but did no happen.
The session ended with some reasonable upwards movement.
Last Elliott wave analysis expected more sideways movement for Tuesday’s session. This is exactly what has happened.
A little upwards movement was expected for Friday, but it was not expected to move above 2,183.48.
Overall downwards movement was again expected.
Upwards movement was expected for Friday.
A green candlestick was printed, but it was a small doji and did not make a new high. Price moved sideways.
A little downwards movement to 2,171 – 2,168 was expected before the resumption of upwards movement. This is not what happened.
Price moved upwards for the session and did not first make a new low.