NASDAQ My Dilemma
I made a wrong count before this,
I had assumed that this could probably a triangle,
Which has already been invalidated.
This is the other count that probably make sense, IF we are still in a correction before NASDAQ continue further plunges down deeper to the abyss of hell (around 11K - 10Kish probably)
It cannot Break the 12755ish, Becoz if it did plunges below that, we are probably looking at a 3rd motive waves.
And this whole structure is just 1-2 1-2, which is also highly likely, and my 11K-10K target is more likely to be reached sooner rather than later.
My stance on this is mixed,
Bear on Higher Time Frames.
And confused in lower time frames.
I had assumed that this could probably a triangle,
Which has already been invalidated.
This is the other count that probably make sense, IF we are still in a correction before NASDAQ continue further plunges down deeper to the abyss of hell (around 11K - 10Kish probably)
It cannot Break the 12755ish, Becoz if it did plunges below that, we are probably looking at a 3rd motive waves.
And this whole structure is just 1-2 1-2, which is also highly likely, and my 11K-10K target is more likely to be reached sooner rather than later.
My stance on this is mixed,
Bear on Higher Time Frames.
And confused in lower time frames.
Penafian
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