NASDAQ - correction as expected
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The Nasdaq is still rushing up brutally. However, everyone needs a break from time to time. I expect that we will see a correction and possible targets around 14343 points. From there, the Nasdaq can gain momentum again. The target of the movement is around 15082 points. But that is just the beginning;) I expect that wave 3 in green is around 15512 points! I am bullish . The only important thing is that we stay above 13958 points.
But first of all we need a correction in form of a wave iv:)
NASDAQ: Correction ahead!
My assumption has been fulfilled now and the Nasdaq will have to make an intermediate correction in the short term. Although this comes later than expected, I have to return to the original scenario that we have ended the wave (3) now and are experiencing an intermediate correction in the context of the wave (4). Possible targets: 14524 to 14416 // 14.334 points. Depending on what happens today, I will probably set a new target area in order to expand my long position again.
The market is aiming for the expected intermediate recovery. After this correction has been completed, however, I continue to expect further significant increases - in the region of 15,000 points and more.
The Nasdaq is still rushing up brutally. However, everyone needs a break from time to time. I expect that we will see a correction and possible targets around 14343 points. From there, the Nasdaq can gain momentum again. The target of the movement is around 15082 points. But that is just the beginning;) I expect that wave 3 in green is around 15512 points! I am bullish . The only important thing is that we stay above 13958 points.
But first of all we need a correction in form of a wave iv:)
NASDAQ: Correction ahead!
My assumption has been fulfilled now and the Nasdaq will have to make an intermediate correction in the short term. Although this comes later than expected, I have to return to the original scenario that we have ended the wave (3) now and are experiencing an intermediate correction in the context of the wave (4). Possible targets: 14524 to 14416 // 14.334 points. Depending on what happens today, I will probably set a new target area in order to expand my long position again.
The market is aiming for the expected intermediate recovery. After this correction has been completed, however, I continue to expect further significant increases - in the region of 15,000 points and more.
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