US Stocks Elliott Wave Technical Analysis Blog!
US Stocks Elliott Wave Theory in Action

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March 2023
Elliott Wave charts by Alessio Barretta 4 Hour - As shown in the chart we can identify a five wave structure into wave C which could signal the downmove is completed. However we do need further confirmation first. Daily - It looks like after a three wave move in what could have been wave (A) we could be near the end of another three wave move in wave (B), therefore we could expect upside soon.
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Elliott Wave charts by Alessio Barretta 4 Hour - Looking for upside resumption soon or else the count will be invalidated. Daily - At this point we are looking at a potential wave 4 with a triangle in wave {b}. We are very close to invalidation level.
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Elliott Wave charts by Alessio Barretta 4 Hour - Looking for downside in wave (v) already, has we have a three wave move into wave (iv). Daily - Looking for five waves to the downside into wave {i} as we are assuming we have completed a three wave move to the upside in wave B.
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Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we could be in wave (iv) as we can see a clear five wave move within wave (iii). Daily - Moving as expected, we are looking for upside in wave 3 or C, as we are looking at a very shallow wave 2 or B.
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