NASDAQ - DAILY MARKET UPDATE
Last update:
The intermediate correction in the Nasdaq is still missing. With a break through 14616 points, a wave 4 could start in form of a correction... The bulls should no longer go above 14797 points, otherwise an even more aggressive count would be required. In the end, however, this would not be a bad thing, it would simply go straight up.
As I said, the upcoming correction is nothing big, ideal target would be 14436 points.
It remains exciting, the 14616 points could now give an impulse today that the market starts the small sell-off. Until then, the upward pressure is maintained. I clearly stay away from shorts here!
Current update:
The Nasdaq is still rushing up brutally. However, everyone needs a break from time to time. I expect that we will see a correction and possible targets around 14343 points. From there, the Nasdaq can gain momentum again. The target of the movement is around 15082 points. But that is just the beginning;) I expect that wave 3 in green is around 15512 points! I am bullish. The only important thing is that we stay above 13958 points.
But first of all we need a correction in form of a wave iv:)
CFD:
The intermediate correction in the Nasdaq is still missing. With a break through 14616 points, a wave 4 could start in form of a correction... The bulls should no longer go above 14797 points, otherwise an even more aggressive count would be required. In the end, however, this would not be a bad thing, it would simply go straight up.
As I said, the upcoming correction is nothing big, ideal target would be 14436 points.
It remains exciting, the 14616 points could now give an impulse today that the market starts the small sell-off. Until then, the upward pressure is maintained. I clearly stay away from shorts here!
Current update:
The Nasdaq is still rushing up brutally. However, everyone needs a break from time to time. I expect that we will see a correction and possible targets around 14343 points. From there, the Nasdaq can gain momentum again. The target of the movement is around 15082 points. But that is just the beginning;) I expect that wave 3 in green is around 15512 points! I am bullish. The only important thing is that we stay above 13958 points.
But first of all we need a correction in form of a wave iv:)
CFD:
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