csmottola71

Nasdaq Wave Count

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TVC:NDQ   US 100 Index
Most likely, Nasdaq is in a 5th wave (a minor count) with first target @ 15077 (1.382 extension of wave 1 from low of wave 4). Maroc is in trend mode, so I would expect a sharp acceleration before calling this top.
Dagangan aktif:
Nasdaq came a hair length from the 1.38% extension of wave 1 from the bottom of wave 4. I still expect prices to make another attempt, since we seem to be in a wave 4 of 5. I'll verify this on a shorter time frame tomorrow. The support line and the 10 MA have been broken so expect an acceleration towards the 21 MA (blue MA).
Dagangan ditutup: sasaran tercapai:
Target reached. I'm collecting my chips. No signs Wave 5 is over yet.

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