hard · Elliott Wave Theory
A stock index completes a Wave 3 rally at 4,500 and then enters a Wave 4 Contracting Triangle. Wave A of the triangle ends at 4,420.
If Wave E terminates at 4,450, what is the estimated 'thrust' target for the completion of Wave 5?
- 4,500
- 4,580
- 4,530
- 4,610
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