Elliott Wave Technical Analysis: Intercontinental Exchange Inc.

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Intercontinental Exchange Inc., Elliott Wave Technical Analysis

Intercontinental Exchange Inc., (NYSE: ICE): Daily Chart, 7 March 2023.

ICE Stock Market Analysis: Looking for a three wave move into wave (2) to then resume to the upside. First we would also need to break wave B t have additional confirmation.  

ICE Elliott Wave Count: Wave C of (2).

ICE Technical Indicators: Below all averages.  

ICE Trading Strategy: Looking for a bottom in wave C to then look for longs.  

Analyst: Alessio Barretta

Intercontinental Exchange Inc., ICE: 4-hour Chart, 7 March 2023.

Intercontinental Exchange Inc., Elliott Wave Technical Analysis

ICE Stock Market Analysis: Looking for another leg down into wave {v} of C as we currently only have three waves to the downside.  

ICE Elliott Wave count: Wave {iv} of C.

ICE Technical Indicators: 20 and 200EMA as resistance.

ICE Trading Strategy: Looking another leg lower which could be traded in lower time frames.


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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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