The Nasdaq does what I have expected, but I have to adjust the count. As part of the primary expectation, the Nasdaq now has room to correct in wave 4 even further to 14413 // 14155 points. And then it gets complicated. Because several scenarios would be possible as alternatives. In case that we see a sell off to below 14155 points, we have to assume that this sale will then probably bring the market to the 13830 mark again. In this case, the entire movement since 12954 or 12915 points is corrected again.
therefore I state that the primary expectation (if we stay above 14155 points) is that this is only an intermediate correction on a smaller level and that it will be processed quickly. But we have to take into account that the Nasdaq needs more recovery, which is confirmed if we fall below 14155 points.
therefore I state that the primary expectation (if we stay above 14155 points) is that this is only an intermediate correction on a smaller level and that it will be processed quickly. But we have to take into account that the Nasdaq needs more recovery, which is confirmed if we fall below 14155 points.
Comment:
Nasdaq + S&P - Bullish and bearish scenarios. Trading is always about collecting evidence. The more indications speak for a side, the better. It is just important to find the right evidence with the right method;) Technical analysis can be an indicator, although it is very diverse. The message: Soak up as much as possible and make up your own mind. Forums can help, but they can also be confusing. So don't always believe everything. None of us can foresee the market with a 100% probability. It's just a game of probabilities. And here are 4 charts with different points of views:
