CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Nasdaq : It's a real war between bulls and bears in the Nasdaq. Primarily, another corrective movement must be expected, which should extend to 14656 points or below. Only then I expect the correction to end with subsequent increases towards 16,000 points. However, it must be clearly stated here that there is still an alternative in which the low has already been reached and further increases are now to follow. If the Nasdaq manages to break above 15306 points and also to stay above this level, the alternative scenario becomes the primary expectation and I assume a direct upward movement.

The market has turned exactly at our old trigger - 14,307. That is still part of a wave B, in other words: it can go one floor lower. But if the market closes above 14,307 today - at best 14,365 - then we could have already seen the low.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.