Nasdaq 60 min Elliott Wave update

Updated

Looks like also C of B of (B) is a straight line. First target hit and smashed. Next probable targets the Fib's on the chart.

Note

This is the Nasdaq CFD not cash index

Trade active

Expect yesterdays highs to be challenged. Currently trading @14550

Note

I'm calling the end of this B of (B). 3 clear waves down, all hit our fib targets. Yesterday we hit the 1.618 extension of a-b and bounced to challenge Wednesdays highs. Expect prices to move higher from here. Targets 15800/16200

Note

Obviously not the end of this B of B. Next support area 13795/13815

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Nasdaq wave count continued

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