NASDAQ Birds Eye View - Alternation In Play

The long term picture of the fate of the Nasdaq is starting to take shape in a predictable manner.

Alternation in Waves 2 and 4 gives me all the clues I need to proceed.

Wave 2 wave expanded with a sharp correction.
Wave 4 should be shallow sideways.

Depending on where Wave E lands this will probably terminate at 20,000.

Wave E might also find support back down on the rising trend-line right before Wave 5 begins.

See my related idea for the D Wave trade now in progress.

It's safe to say that I will be tracking this market until the end.

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