beethofen
Long

Nasdaq (IXIC) 10,400 in July?

NASDAQ:IXIC   Nasdaq Composite Index
According to cross confirmation between Nasdaq, NDX and Dow, it's believed that we're just stepping into the 5th wave.
That means we will kick off a bumpy ride since investors are dealing with the very high level of the PE of the equities and expectation with the reopen and V-recovery...
While we're also suffering the doubts of re-lockdown and 2nd wave after summer.
It could be huge N from 6/19 to 8/18 for the coming 2 months.
It's unbelievable the 5/1 is a mystery crucial point to imply and split the first 168 hours and the 2nd 168 hours so far in the whole First Wave and Second Wave.
It also indicates this is a standard Elliott Wave 3rd wave extension example.
The Huge Two Motive Waves #1 and #3 show a perfect Curve all the way point to Nasdaq (IXIC) 10,400 adding to the final 168 hours to finish the Final 5th Wave.

Yes, we expect that... after the correction, it could be a small V again to extend the huge 3/18-6/19.
It will also play as the 1st wave for another wave sets.
TVC:IXIC
Trade closed: stop reached: Actually the 168+168 told us it's the end of a whole story (and the new one starts). We will see this target later..Nasdaq may see 8,800 or 9,200 first.
Trade active

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