NAS100 - Market Crash Cycles | Indices | Macro Trends
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NAS100 has been labeled within a Sub-Millennium degree wave 3 (pink), which has been unfolding ever since the Dot-Com bottom from 2003 bottom, when the tech Recession tapped out.
Structure - Bullish Impulse 2003 lows and up until Nov 2007 highs - Grand Super-Cycle I (blue) Nov 2007 highs and down until Nov 2008 Recession lows - Grand Super-Cycle II (blue) Nov 2008 Recession lows and all the way up until Oct 2018 extreme - Grand Super-Cycle III (blue) Oct 2018 extreme and sharp drops until Dec 2018 - Grand Super-Cycle IV (blue)
Grand Super-Cycle V (blue) Pattern - Reversal Motive Wave Sequence - 5-Wave Sequence within an Ending Diagonal
Current Position Super-Cycle Wave (I) (turquoise)
Next expected swing Bearish sequence Super-Cycle Wave (II) (turquoise)Market Crash Forecast
Support granted at or around the 7000.00 mark and then a huge rally towards the 9000.00 levels, where Sub-Millennium Wave 3 (pink) is expected to complete. Grand Super-Cycle Waves A-B-C (red) would reflect the next Larger Degree Recession.
Structure change Breach of the 7000.00 levels could lead towards a prolonged corrective structure and a Market Crash already starting.
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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.