Spooky

We use a lot of Elliott Wave & Fibonacci analysis in our work. It’s our preferred technical analysis tool to use alongside fundamental analysis. Much derided by folks who don’t seem to be able to use it properly, this method we find very useful and sometimes it fair takes your breath away with its accuracy. You may care to compare this note from 12th Jan this year (in which we said U.UN would top out around $19 or so before a selloff)

https://cestrianetfselect.substack.com/p/u2/comments?s=w

with this chart - from today - showing that yes indeed the $20 zip code was the top:

https://www.tradingview.com/x/cDpbKgQ2/

Yikes.

Anyway, stay tuned for more crayon-inspired analysis.

Like ETF Select? Share it!

Share Cestrian ETF Select

Cestrian Capital Research, Inc - 3 May 2022.