Yesterday decline stopped right on target for a small fourth wave. Maybe that fourth wave will morph into something more complex but the bottom line is we need another leg up making new high to complete the sequence that started in August. Once there, the Nasdaq should enter another correction. In other words, we should see back-and-fill for many weeks to come.
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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.