decided to share the updated version of my count tonight,,, >the key to this count is the spx500, which will be shared in the next post (keep an eye out for it).
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what i'm portraying here is called a zig-zag.
the nasdaq came down from all time high in 5 waves, 5 waves is labeled either wave 1 or wave a.
in this case, to be extremely conservative, i am choosing to label it as wave a.
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once 5 waves down was attained, the nasdaq begun to retrace the 5 wave move, which is called wave b. wave b can take many different forms, shapes, and vibes. in this case, i'm calling it a regular zig-zag, thanks to the clarity which the spx500 + bitcoin are portraying.
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my target for wave b has been the same since the 2022 lows,,, 15.2k.
>got you an update once wave b has been completed later this summer.