Nasdaq Composite

1 Oct 2018 ‚óŹ 03:36 AM

The US futures have started the day pointing higher and the Nasdaq has early indications of a possible new high. What would the wave counts look like. Am trying to imagine a new high and the pattern. The Nasdaq has been rising in a narrow range and all the moves are overlapped. Do not rule out if a new high occurs that this is a on going ending pattern and then as shown wave E a 3 wave advance is now in formation.

nasdaq 011018

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