Long
Nasdaq W4 dump fake

Update - Short then long for NY open depending on what happens overnight.
Signs point to a rally off this wave 4 low. Either W4 extends down overnight to the 1.236 or bounces here to retest the top or complete a wave 5.
Signs point to a rally off this wave 4 low. Either W4 extends down overnight to the 1.236 or bounces here to retest the top or complete a wave 5.
Note
Same here as the prior short idea, this is turning into a lazy Wave 4.Related publications
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Related publications
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.