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JPM Elliott Wave analysis
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave {v} of 3.
Direction: Upward in wave {v}.
Details: JPM is currently moving within MinorGroup2, near $265, with a potential rise toward $280. This likely marks the final phase of wave {v} of 3 before a correction phase begins.
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave (iv) of {v}.
Direction: Upward in wave (v).
Details: On the shorter time frame, JPM is forming wave (iv) of {v}, indicating at least one more leg higher into wave (v). This would complete the minor 5-wave sequence and align with the daily outlook.
JPM Elliott Wave analysis [Video]
