Nasdaq - Toppy
Updated
Nice short squeeze. However, it's looking a bit toppy after this mornings run. We likely consolidate here and potentially retest the highs or even exceed. 14760 or 14870 is the wave 4 .5 retrace. wave 4's almost never retrace more than .5. stay delta neutral in case we rip higher again but likely this is a large irregular and also a bull trap.
Note
Got the pattern right, but missed the wave 3 extension. Sorry guys and gals!
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