A long rally may end by number 5. Hope this may help you. Good luck.
Nasdaq 2 times tried to break yellow line. Looks like index wants to close month higher. A third attempt will brake it and may take us #4. Good luck 🍀
After +30% rally up needs to go down for #4 to rerise up for #5. Good luck🍀
This charth shows full size of my previous idea. Over 15075 day close may go long.
I was expecting 20 WMA, that will be #4 for me. Looks like Nasdaq wants to go more lower. 14552 became #3, and last 2 days created #4 15072. Now my #5 target around 13675. Good luck 🍀
Looks like one more down move we need to go. My new target 20 week MA. After that Nasdaq may start going up.
Looks like everyone looking a big crash. Not yet I believe, this will #4 Elliott wave at 5 month MA. Then for #5 will at top as show on my charth. Good luck everyone.
Nasdaq may finalize #3 this week and may start for #4 down move next week.
Chart wants to move higher and it need to gain some power. So it may first pull down then go up.