ElliottWaveBelgium

Nasdaq - Correcting before continuing higher

Long
CURRENCYCOM:US100   US 100
Nasdaq - Correcting for potential red wave 4 before continuing higher.
Invalidation is at wave 1 high.
If price goes below that, it would make this rise a corrective move and would increase the odds for the indexes to continue lower
Comment:
Nasdaq - Ending fifth wave. A break of the black TL and a push below 11460 should be start to take this lower, maybe 350-400points.

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