A finish to the week with a small range inside day does not change the Elliott wave count. The target remains the same and the wave count has strong support from classic technical analysis.
Upwards movement today fits the main Elliott wave count.
For the very short term, a small pullback was expected to begin the new trading week, which is what has happened. The Elliott wave count and targets remain the same.
A little sideways movement to complete a small range Doji candlestick fits the Elliott wave count. Price remains within the channel and below the invalidation point.
A correction was expected for this week. Price remains within the channel on the daily chart as expected.
Another small range day remains below the last high. Overall, this fits the short-term expectation for the Elliott wave count.
Today On Balance Volume and the AD line indicate the likely form of this current correction.
Upwards movement has continued as expected. The target remains the same.
Upwards movement continues as last analysis expected it to.
Another small range day remains tightly constrained between support and resistance.
A developing pattern suggests the direction for a breakout. Targets may be calculated using an Elliott wave count, Fibonacci ratios and classic analysis.