Nasdaq Composite

2 Mar 2020 ‚óŹ 07:19 AM

US stocks appear to be ready to bounce back and may look oversold even the big reversal in rally on Friday and the volumes. When looking at the chart of the NASDAQ composite that close positive for Friday it looks like the bounce is only minor wave iv and a minor wave v down is pending before we can start any meaningful bounce back.

ndx 020320

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