Strike Analytics

Nasdaq 100

23 May 201607:12 AM

The Nasdaq has a clear 5 wave decline in wave i. Sop we are waiting for a confirmation or  wave iii down starting as this index would give the clearest signal of the next move lower for US equities. A break of the wave i low of 4282 would confirm the start of wave iii down.

nasdaqa230516

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