CSX Corp. (CSX) Elliott Wave technical analysis [Video]
CSX Elliott Wave technical analysis – Daily chart
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave {v} of 3.
Direction: Upside in wave {v}.
Details: Expecting continuation higher into wave {v} of 3, with wave {i} equality near $35.
CSX Elliott Wave technical analysis – One-hour chart
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave (iv) of {v}.
Direction: Upside in wave (v).
Details: Anticipating one more upward leg in wave (v); potential extension likely as wave (iii) exceeded wave (i).
This analysis provides a technical overview of CSX Corp. (CSX) based on Elliott Wave Theory across two key timeframes.
CSX daily chart – Elliott Wave overview
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