EuroSTOXX 50: A “Swift, Potentially Severe” Move Ahead?
by Editorial Staff
Updated: March 12, 2021
One big reason why investors value Elliott waves is because of their ability to suggest when a contrarian stance may be warranted.
In other words, often the waves patterns of market psychology will show you when it's time to turn bullish when most people are bearish, and vice versa.
One of the most reliable wave patterns is called "ending diagonal." When you see one, you better be ready.
Watch our European Short Term Update editor what the current appearance of this pattern in European stocks suggests next.
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