Nasdaq 100

2 Dec 2021 ‚óŹ 08:23 AM

The Nasdaq 100, had not seen its daily momentum roll back below the yellow line [zero]. So that had me thinking if there was one more negative surprise pending. And it shows up. Bigger than we would imagine but this has managed to push Rohits Momentum below zero, and now the wave count is a-b-c. So we can get a completed correction in wave 2 of 3. This is a third wave of some degree in progress, and a small correction would be a subdivision of that. The tech index has behaved better than the rest of the US market so far.

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