medium · Elliott Wave Theory
During a bull market, an index reaches $4,500 at the end of Wave 3. Wave 4 then develops as a sideways pattern. The analyst looks back and sees that within the Wave 3 advance, sub-wave iv occurred between $4,020 and $4,100.
Where is the highest-probability target for the completion of Wave 4?
- $4,020 - 4,100
- $3,800 - 3,900
- $4,200 - 4,300
- $3,350 - 3,600
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