Friday, October 9, 2020

Four phases of stock market

Accumulation: If there is long duration of consolidation after declining, then market will upward movement.

Advancing: The upward movement can be determined by Elliot wave, also.

Distribution: If there is long consolidation after up move then the market is exhausted, then you will see downward move very quick.

Declining: The downward movement which can be determined by Elliot wave.
 

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