NASDAQ Waves - Approaching end of Wave 5?
Updated
In my wave count and fib analysis, it looks like NASDAQ could have hit the end of wave 5 last week or could push a little higher.
Here are my major channels/trend lines since the dot com bubble. Note that last week we just barely topped above the major line from dot com.
Wave chart at different time frames.
Here are my major channels/trend lines since the dot com bubble. Note that last week we just barely topped above the major line from dot com.
Wave chart at different time frames.
Comment
Some more key trend lines that help define this as a top, for now.Comment
Slightly different waves using NDX.
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