Elliott Wave Update ~ 10 Aug 2022

Why stop there? Why not a couple of more huge gap up openings? The squiggle count surely supports the notion.

Not yet at the 50% retrace spot.

Zero hedge declared the NASDAQ Composite is now in a bull market being above 20% from the low. The dichotomy is amusing as it is still a bit more than 20% from the highs. Both a bull and bear market all at the same time.