wolfah

NDX (10) Bearish?

TVC:NDX   NASDAQ 100 Index
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Look at the counting. "Minor"-wave 3 has been extended. So "Minor" - wave 5 probably equals wave "1"! So, an "Intermediate"-wave 3 (3) could have been finished and we would be in a wave "(4)!
Could also be a "Minute"-wave 1 with a smaller ABC correction in an extended wave "5", but keep in mind and trade carefully!
"Sell in May and go away." -thing? -Hope not!
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