US 100 Index
Long

NASDAQ - Elliott Wave Correction

57
Nasdaq looks strong.

Key points -
Biggest reason is volatility index for Nasdaq is showing weakness, when Nasdaq was going down, there was not enough strength in VOLQ, that means buyers were buying every dip today.


$NASDAQ:VOLQ


PS: Corrections are hard to analyze as they can take any turn, I'm bullish but still conservative.

Happy Trading.

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.