NDX: expectation of a Christmas rally till new year
Updated
Through the wave analysis we can segment the chart and predict future price movements. HFTs (High Frequency Trading) use the time factor as a timer for long or short positions (hedge funds).
Given the bullish constraints (a top of a T+3i has been broken up after 18 days), we expect, as per the video, a continuation of the rally at least until early January: a new annual cycle is beginning.
Given the bullish constraints (a top of a T+3i has been broken up after 18 days), we expect, as per the video, a continuation of the rally at least until early January: a new annual cycle is beginning.
Note
With the raise of today we have reached 10 days of weekly upward wave out of 11. This means that by tomorrow we have 1 probability to keep raising and the other 10 to have a pullback, time is running out.
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