Switzerland's SMI has plunged almost 11% since the February 18 high. In the months before the decline began, EWI's European Short Term Update Editor Chris Carolan identified a developing "ending diagonal" Elliott wave pattern on SMI's weekly chart -- helping him anticipate the SMI's violent move to the downside we've seen over the past month.
Enjoy this free video, originally published for European Short Term Update subscribers on March 16, in which Carolan explains how "ending diagonals" can help you identify and prepare for "explosive" market moves.
(Note: We apologize for the audio quality; there were technical difficulties during the recording.)
Put the Charles H. Dow Award-winning analyst Chris Carolan to work for you with in-depth, chart-filled analysis three times per week in The European Short Term Update. Plus, Carolan occasionally records succinct videos (like this one) to deliver unique opportunities and teachable lessons to subscribers.
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