NASDAQ is Correcting - Don't Buy in Short Term
Technical Analysis:
- As you can see in the daily chart, in the very short term we've two possible paths - Path 1 and Path 2
- Today with actual data - the odds for Path 1 is 60% and the odds for Path 2 is 40%
- We expect to buy wave II in red completely around $8,000
Technical Analysis:
- H1 & H4 Right Side is Turning Down
Nasdaqtrading
Nasdaq: Southward Ho, Techies! 🤓After it has been heading for it for a while now, we expect the tech-index to dip into the green area between 14841 and 15295 points. There, it should finish wave in blue and the superordinate wave 4 in green respectively. Then, the index should be ready to rise again, aiming for the resistance at 16768 points and further still.