Singkat
Nasdaq 100: Mid-term Projection
Hi Everyone,
Just to share an update on the Nasdaq 100, and a future price projection.
Currently, I think that we're in Wave C of a ABC flat pattern, and that we're just beginning subwave iii of the larger C wave.
I'm expecting the price to fall below 12k eventually to around 11.6k, and I've denoted the different waves on the chart.
This is supported by Wave A being applied 161% to Wave BC - a ratio together with 127% which is more common for flats being formed in the Nasdaq.
Additionally, I've tried to measure the C sub-waves using regular Fibonnaci projections, which also suggest a similar level.
If price break above the B wave this analysis is void,
Good luck!
Just to share an update on the Nasdaq 100, and a future price projection.
Currently, I think that we're in Wave C of a ABC flat pattern, and that we're just beginning subwave iii of the larger C wave.
I'm expecting the price to fall below 12k eventually to around 11.6k, and I've denoted the different waves on the chart.
This is supported by Wave A being applied 161% to Wave BC - a ratio together with 127% which is more common for flats being formed in the Nasdaq.
Additionally, I've tried to measure the C sub-waves using regular Fibonnaci projections, which also suggest a similar level.
If price break above the B wave this analysis is void,
Good luck!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.