Price remains within the trend lines of a triangle. All three Elliott wave counts remain valid.
Price has bounced up off the lower edge of the ascending triangle trend line.
The breakout from the triangle is now expected in 10 more sessions. All three Elliott wave counts remain valid.
Again, downwards movement fits the main Elliott wave count best. Also, at the end of the week, volume supports the main Elliott wave count.
All three Elliott wave counts remain valid
The base channel on the main daily Elliott wave count may show were price finds resistance tomorrow.
A small range day continues a small consolidation pattern. The breakout is still expected in the same direction.
A small amount of upwards movement to start the week remains below the short-term invalidation point. Both Elliott wave counts remain valid.
Price continues sideways. Targets remain the same.
For the short term, upwards movement to at least 1,528.20 was expected. The high for Friday at 1,528.68 meets this expectation perfectly.
A little more upwards movement fits the bullish wave count better, but both Elliott wave counts remain valid. Support has held.
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.
A small range day remains within the trend lines of the pennant pattern. The target remains the same. The breakout is expected within the next one to two sessions.