NASDAQ now appears to be in the fourth wave as predicted in the post below. This is what I had said: "...the second fourth wave could start in two weeks (between 17-24 February) from around 9700."
What's next?
The fourth wave can take a number of shapes but if it is a just an ABC correction, then wave A may already be complete and we could move up in wave B early next week, followed by a fall in five waves of wave C. Wave C could take us down to around 8850 if it is 1.68 times the length of wave A or to just to around 9200 if it is equal in length to wave A.
Alternatively, wave 4 could be a triangle as shown in the chart below or a more complex correction. A triangle will be a shallow correction but is expected to take more time to complete. Let's see how it evolves.
PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
What's next?
The fourth wave can take a number of shapes but if it is a just an ABC correction, then wave A may already be complete and we could move up in wave B early next week, followed by a fall in five waves of wave C. Wave C could take us down to around 8850 if it is 1.68 times the length of wave A or to just to around 9200 if it is equal in length to wave A.
Alternatively, wave 4 could be a triangle as shown in the chart below or a more complex correction. A triangle will be a shallow correction but is expected to take more time to complete. Let's see how it evolves.
PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
거래청산: 타겟 닿음
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.