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2020 NASDAQ IXIC - Elliott Waves - Downside Targets
US Composite Index
Short
2020 NASDAQ IXIC - Elliott Waves - Downside Targets
By Cryptosominac
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Apr 7, 2020
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Apr 7, 2020
Statistical likelihood of each retracement based on Wave 4 assumption:
Page 10 -
astrocycle.net/PDF/WaveRatios.pdf
60% likely - TP1 is the less bearish outcome and quick rebound.
60% likely - TP2 is the more bearish outcome and longer rebound.
15% likely - TP3 is the most bearish outcome and much longer rebound.
2020 downside targets on NASDAQ IXIC based on:
Retracement since start of run in 2012
Pitchfork since 1995
Trend-based Fib extension from first drop after COVID
Technical Indicators
Trend Analysis
Wave Analysis
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