We can see on a daily timeframe, we are still on wave C, which is forming a Flat Correction before the BUY of wave 3
My elliott wave analysis suggest that we are in wave 4 correction wave so i will be looking to buy wave C of 4 then look to short for the final wave 5 to complete correction wave circle.
I believe wave 4 corrective move is over, and hoping to see a new wave of 1-5 impulsive move of wave 5. So look to buy Nasdaq when market opens...
In a phase correction for wave 4, then look to buy wave 5..before a big drop to the down side in the bigger timeframe. ELLIOT WAVE ROCKS