Upwards movement continues towards the target as expected. The main Elliott wave count remains bullish, at least for the short term.
A small range upwards day continues an expected consolidation.
Upwards movement continues towards targets as expected.
Upwards movement for the session unfolded with a higher high and a higher low. This was expected.
Today On Balance Volume gives a reasonable signal that shall be given weight in this analysis. It supports the main hourly Elliott wave count.
Downwards movement remains above the invalidation point and within the channel on the hourly chart. Both main and alternate Elliott wave counts remain valid.
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.