https://www.tradingview.com/x/MFz7I6NM/
In my opinion, the five-wave downside impulse has completed or it’s very close to a completion.
At the lowest point of the movement near MA-20w we saw the hammer candle. The formation of a hammer suggests a potential short-term reversal.
I expect a local three-wave correction (A-B-C) upward, after which the downside movement should continue at least to the 0.618 Fibonacci level from the already completed downside impulse (wave a).
NDX NAS100USD NQ1! NDX
In my opinion, the five-wave downside impulse has completed or it’s very close to a completion.
At the lowest point of the movement near MA-20w we saw the hammer candle. The formation of a hammer suggests a potential short-term reversal.
I expect a local three-wave correction (A-B-C) upward, after which the downside movement should continue at least to the 0.618 Fibonacci level from the already completed downside impulse (wave a).
NDX NAS100USD NQ1! NDX 
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🥷🏼 My Telegram
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🍓 The best crypto exchange — Bingix! Click my referral link to activate your bonus! bingx.com/invite/D9E1B1/
🇺🇸 t.me/shakatrade1_618
🇷🇺 t.me/shakatrade_ru
🍓 The best crypto exchange — Bingix! Click my referral link to activate your bonus! bingx.com/invite/D9E1B1/
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.