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NASDAQ Waves - In correction - Where to next?
US 100 Index
NASDAQ Waves - In correction - Where to next?
By Dr_Roboto
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Aug 4, 2020
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Aug 4, 2020
Clearly in a corrective wave sequence. Last time I saw this was right before the S&P 500 made a 7% drop a while back.
Question is where to next?
More sideways at current level for a day or two, then something
Moderate correction with more sideways waiting on stimulus before making a move
Moderate correction with new motive wave to bubble to the market to the moon
Larger correction then a strong 3 wave to new ATH before something more serious
NASDAQ 100 CFD
QQQ
Trend Analysis
Wave Analysis
Dr_Roboto
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