NASDAQ LONG, Elliot Wave 4 complex WXY correction completion.
As title suggests, we have completed an Elliot complex WXY ( 5 - WXY - 5 structure: 3 seperate timeframes).
This analysis on the NQ100 NASDAQ futures.
I am expecting a sharp rally this week. A retest of ATH, and fail.
I then expect to see a 3 wave pullback off this 5 wave impulsive move up from lows.
That making a 5, and a 3. Then another 5 wave move up to break ATH's.
This will infact be an inverse zig zag correction from the COVID 19 lows which is in fact an exact fractal of the current wave 4 completion I am highlighting in this post.
Inspect this comples WXY wave for I have described in my post. We will see this exact pattern (fractal) replay itself out on a much much larger time frame over the coming months.
This analysis on the NQ100 NASDAQ futures.
I am expecting a sharp rally this week. A retest of ATH, and fail.
I then expect to see a 3 wave pullback off this 5 wave impulsive move up from lows.
That making a 5, and a 3. Then another 5 wave move up to break ATH's.
This will infact be an inverse zig zag correction from the COVID 19 lows which is in fact an exact fractal of the current wave 4 completion I am highlighting in this post.
Inspect this comples WXY wave for I have described in my post. We will see this exact pattern (fractal) replay itself out on a much much larger time frame over the coming months.
Penafian
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