We have now invalidated the bullish count for the Nasdaq as wave 4 has overlapped wave 1 and we have our first 5 waves down. Looks like the Nasdaq is heading to a Bear Market. Will be looking for a short trade as we retrace to the 61.8% Fib level.
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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.