Nasdaq look like clear 5 Waves over time.

NASDAQ:NDX   Nasdaq 100 Index
Looking at the 90's that looks like a strong 3rd wave with a big throw over.
Current looks like we completed wave 5 (S in the picture lol)
We should go way below the blue average line .
Target 5000 - 6980
The Federal Reserve will keep hiking and the 4 Percent today is way way below inflation and its a joke.
They will raise the Fed funds rate to 6 - 9 Percent if they are truly serious about beating inflation.
All comments are welcomed.
Thank You

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