Bearish case for NAS100.
From October 2022 low, wave ((5)) would complete with contracting ending diagonal (wedge).
Wave ((3)) is 3.618 fib length of ((1)), and wave ((5)) is 1.618 fib length of ((1)).
Technically sound.
From October 2022 low, wave ((5)) would complete with contracting ending diagonal (wedge).
Wave ((3)) is 3.618 fib length of ((1)), and wave ((5)) is 1.618 fib length of ((1)).
Technically sound.
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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.