US Nas 100

NDX in C wave up of larger scale B wave

148
After ATH in Nov 22, which should be a wave 5 of 3 in the larger scale, now it is time to start wave 4 with ABC setup.
We can see that for the A of 4, we already finished the clear ABC pattern with B = 0.9A and C pushing to 1.236 of A, which is a classic flat.
With recent 3-up (potential A of B) and 3-down (potential B of B, especially with the fact that B already retraced to 0.618 A), this may be the setup of B, which should be A3-B3-C5, and now is the start of the final wave C.
We expect this C wave push to 0.618 of previous large A, and then go down to start the final C, which should wrap up the even larger scale wave 4.

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