many time EW also not work when there r big event, n ew specialist say it was motive wave of motive wave then they did adjustment n fit wave
problem with ew is it easy to measure correction but impulse can keep extending to 261, 438, 632 n so many other extensions
if u looking chart, it clear out of trendline n try to go in trendline but big bull not allow, it hitting first break at 38 level, now 2nd break will hitting at 61 level, then it will flying away to 33k n news will saying it flied bcoz of budget n vaccine n virus r clear in all world n bank r became rich n all is normal
all this became false if felled below 29700
Just for fun on us market Gamestop has given jaw dropping dazzling hights.
One of hedge funds who shorted this script has mark to mark loss of approximately 4 billion $.