Wave analysis suggests the NQ! Futures are putting in a flat correction with some downside left in the market. This analysis coincides perfectly with wave analysis of some of the other major equities stocks and the uncertainty that generally plagues the market during an election year. Following the completion of this flat correction, we should begin to see some nice movement to the upside. My estimate is mid November for the correction to complete absent some major world event.
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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.