Give it up for Nasdaq! So far, he has been very well-behaved and has hewn to our forecast. He has let go and fell into the soft green meadow between 15295 and 14841 points. Among this lush pasture, it should finish wave 4 in lime-green and make use of the renewed updraft. We expect the index to turn around before touching the bottom of the green area and to float up to the resistance at 16768 points, from where even higher goals will become more and more possible.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.