Upwards movement continues as the bullish Elliott wave count has expected. The bearish Elliott wave count remains valid, and the target zone has been widened.
A little more upwards movement fits the bullish wave count better, but both Elliott wave counts remain valid. Support has held.
For the short to mid term, both the main daily chart and the main bullish daily chart expected some more upwards movement. The alternate wave count is today invalidated.
Price remains below resistance and above support. This week the trend reaches extreme and conditions are overbought. All three Elliott wave counts remain the same.
The last two sessions have seen price whipsaw within a consolidation zone. Today On Balance Volume gives a reasonable signal. All Elliott wave counts remain valid.
Both hourly charts yesterday expected some downwards movement, which is what is happening so far.
Currently, price is bound by support and resistance. The preferred Elliott wave count sees this consolidation as a B wave that is incomplete.
Price remains range bound. With volume and ATR declining as price moves sideways, this looks like another consolidation within an ongoing trend.