Nasdaq 100

6 Jun 2018 ‚óŹ 04:10 AM

The Nasdaq Composite is the second index with a difference. The Nasdaq went past the Jan top in Feb itself challenging the wave counts on the Dow and S&P, so here too we can consider wave 4 triangle and wave 5 in progress. Wave 5 can either be an ending pattern from the March lows [grey lines], or after a few more up down moves will complete an impulsive 5 wave rise in the 5th wave. Once complete a longer term top will be in place for the index.

nasdaq 060618

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