Nasdaq time for reversal, or just dead cat bounce?
Hello GUYS!
According to my analysis, what I see is that everyone is waiting for the big short like 20 years ago. However, I think that we can see a leg up before dropping to the 10000s.
On the chart, you can see that we already made the ABC pattern and we can reverse from here, the second option is to make the 4th wave and drop way lower to the 5th way by Elliot.
Trade safe, guys.
According to my analysis, what I see is that everyone is waiting for the big short like 20 years ago. However, I think that we can see a leg up before dropping to the 10000s.
On the chart, you can see that we already made the ABC pattern and we can reverse from here, the second option is to make the 4th wave and drop way lower to the 5th way by Elliot.
Trade safe, guys.
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.