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Dr_Roboto
Aug 4, 2020 3:50 PM

NASDAQ Waves - In correction - Where to next? 

US 100 IndexTVC

Description

Clearly in a corrective wave sequence. Last time I saw this was right before the S&P 500 made a 7% drop a while back.

Question is where to next?
  • More sideways at current level for a day or two, then something
  • Moderate correction with more sideways waiting on stimulus before making a move
  • Moderate correction with new motive wave to bubble to the market to the moon
  • Larger correction then a strong 3 wave to new ATH before something more serious
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