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maariasb

NAS100USD ABC Pattern: C coming next.

Short
US Nas 100 (OANDA:NAS100USD)  
maariasb Updated   
OANDA:NAS100USD   US Nas 100
Chart Patterns Trend Analysis nasdaq nasdaq100 NASDAQ 100 CFD
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chartpattern trendanalysis nasdaq nasdaq100 ndx
Looks like NASDAQ has completed wave B from the ABC pattern, at point 6853. It should not retrace far bellow point B
Comment:
There is a mistake in my previous statement, "It should <> retrace far beyond point B", sorry about that.
Comment:
We're now starting to see a strong downtrend triggered right after the Fed's minutes.
There is, however, one more support level near 6725. We may break this level as soon as tomorrow and if so, we will probably experience a strong rally downwards.
snapshot
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