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NASDAQ Compositive - primary wave 3 down started, new lows ahead

TVC:IXIC   NASDAQ Composite Index
Nasdaq completed minute wave 1, the early stages of primary wave 3 down. This index is a little behind his other peers SP500 and DJI, but it is following the same path. In this scenario the next target should be around 7,500. We could see a small correction up before the downtrend continues. This analysis should be reviewed if prices crosses up 9,251. FOLLOW SKYLINEPRO TO GET UPDATES.

Comments

I don't see it. Seems we are due to rebound to 9371 then bend down a bit.
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