Hi traders, here we have Nasdaq on the verge of completing a 5th wave which will lead the resumption of the uptrend. So if you are looking to go long then you should wait for the market to come back to the 127.0% or the 141.0% Fibonacci extension of the last downward move as this is also in line with the bottom downward trendline so that will give you 2 reasons for entry. If you interested in shorting the market then you can also do that at the current market place and stops should go above the upper trendline.
Good luck guys
Good luck guys