Short
BAD NEWS FOR NASDAQ?
Good morning traders, we are still in a downtrend as you can see in the descending channel that I have traced and it continues to be respected.
If we do a wave count, I think that now we could be at the beginning of wave 5 of wave C of greater degree where we could go to look for the trend line that has been forming since the past decade, which would lead us to look for the 10,600 points, a drop of almost 38% from all-time highs... how do you see it?
If we do a wave count, I think that now we could be at the beginning of wave 5 of wave C of greater degree where we could go to look for the trend line that has been forming since the past decade, which would lead us to look for the 10,600 points, a drop of almost 38% from all-time highs... how do you see it?
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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.