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Could NASDAQ fall 20% more by end of January?

Oleh Dr_Roboto
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Here are my core channels and trendlines. NASDAQ looks to be losing support of the blue channel. If so, I see 2 support trend lines: green line around 9500 and the red line around 8750. If we see the same abc correction wave from earlier this year, that will put us right at 8750 and the red trend line.

syot kilat

syot kilat



Nota
Finding some support at edge of blue channel, but will it hold or break down.
syot kilat
Nota
As noted yesterday, short term support found at edge of blue channel.
syot kilat
Nota
Big break down of support today after that a pause yesterday.
syot kilat
Nota
syot kilat
Nota
Wednesday 12/28 and still headed down
syot kilat
Chart PatternsNASDAQ 100 CFDnasdaqnasdaq100NASDAQ 100 CFDQQQTECHtechnologyTrend AnalysisWave Analysis
Dr_Roboto

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