NASDAQ - MARKET UPDATE
We are currently still in a corrective market and the index still has room to reach 14708 on the downside in order to end the correction there. If we sell below this mark, the focus will be on a larger sell off. So we could already have formed wave 3... Such a trend is confirmed below the 14445 mark. Until then, the increase towards 15600 remains the primary expectation. In both variants I see long entries after reaching wave 4.
Wolfe wave:
Wolfe wave:
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