NAS100 (NDX) - Bearish Minor C

By Lionheart-EWA
Updated
The question is not if it's going to drop that hard, the question is if it's gonna honor the fibs and provide a good entry.

When it hits the fan, don't say you weren't warned.
Comment
Brace for impact: part 1
snapshot
Nasdaq100 created a new ATH, showing an obvious divergence with its fellow US Indices.

*Has the right to drop any time it wants.
Will it form an ending diagonal or is it doomed already?
Comment
Break-out of the lower trend-line (purple) would be a bad thing for NASDAQ.
However, if it continues going up, an Ending Diagonal would be an "unicorn".
snapshot
Comment
snapshot
Trade active
snapshot
Comment
snapshot
Comment
snapshot
Elliott WaveNASDAQ 100 CFDUS NAS 100nasdaq100nasdaqshortNASDAQ 100 CFDWave Analysis
Lionheart-EWA

Related publications

Disclaimer