My Elliott Count for the Greece ETF is looking ready for an upcoming bull run.
I count us near the end of a wave ii, in an extended wave 3. As all us EW chartists know, this is an ideal spot for entering long, or buying call options.
However, Here is a BEARISH scenario, where A=C and we are just starting the wave down.... This appears to be in sync with the National Bank of Greece (NBG) in which I have been closely following, here is a chart of that: tradingview.com/v/9uwr6SAi/
Would love to hear from other Elliott wave chartists,