DASH Shows why a Corrective Bottom is a Process and NOT an Event

SUMMARY

DASH is a combination of complex and simple ABC correction. A corective bottom is not necessarily an event but a series of events and those IMHO are best mapped out using Elliott Waves. The below chart seems poised and ready to complete the process.

The current focus is in the price activity within the blue circle. Could these be the final waves? At the risk of seeing a continued sideways action in price for the next couple of months; let's if these blue subwaves can signal the placement of the C wave of ABC correction.

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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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