The Nasdaq Future presents an intriguing chart. Following the completion of Wave 3 on July 19, 2023, we encountered a complex Wave 4 correction.
Since October 26, we've witnessed a parabolic surge, indicative of the initiation of Wave 1. Interestingly, there hasn't been a significant correction resembling a potential Wave 2. Therefore, I anticipate a downward movement to form Wave A, followed by a surge surpassing Wave 1 for Wave B. Subsequently, we might witness another dip before the completion of Wave C.
These corrective phases set the stage for the next upward trajectory toward new All-Time-Highs. Stay tuned for potential entry points during the corrective waves. ๐ต๏ธโโ๏ธ๐ฅ