Nasdaq Composite IndexUpdated NASDAQ Waves - Approaching end of Wave 5?
In my wave count and fib analysis, it looks like NASDAQ could have hit the end of wave 5 last week or could push a little higher.
Here are my major channels/trend lines since the dot com bubble. Note that last week we just barely topped above the major line from dot com.
Wave chart at different time frames.
Here are my major channels/trend lines since the dot com bubble. Note that last week we just barely topped above the major line from dot com.
Wave chart at different time frames.
Note
Some more key trend lines that help define this as a top, for now.Note
Slightly different waves using NDX.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.