Nasdaq Composite

20 Nov 2018 ‚óŹ 05:58 AM

The carnage is in the Nasdaq and particularly FANG stocks but am still open to this possibility as we poll only 13% bulls on the Daily Sentiment index for the Nasdaq and 12% for the S&P. EWI is calling for an outright crash right away but till the lows hold I will keep this option open for US stocks. The upper end of the channel for wave C of 2 is at 7628 and 61.8% of wave 1 is at 7680 as the potential upside in if the wave 1 low is not broken.

ndx 201118

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