Nasdaq is currently on corrective WAVE 3 on it's way to finish WAVE 4.
Looks like it's making a Zig Zag ABC correction and if it's true, then we could see a rebound from the "BLUE zone" to close several gap there before continue it's journey to WAVE 5.
Last correction area is the "YELLOW line".
Wave 4 invalid if price's touching the "RED line".
Looks like it's making a Zig Zag ABC correction and if it's true, then we could see a rebound from the "BLUE zone" to close several gap there before continue it's journey to WAVE 5.
Last correction area is the "YELLOW line".
Wave 4 invalid if price's touching the "RED line".
Trade closed: target reached
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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.