Navigating NAS100: How to Trade the Upcoming Downtrend!!!I. Technical Analysis Breakdown
1. Elliott Wave Theory
Wave Count Summary:
The chart shows the completion of Wave 5 based on the hourly time frame, confirming a bearish setup.
Key invalidation point:
On the 1H chart: 19,571.1, meaning a break below this will confirm the extended Wave C.
On the 4H c
