Strike Analytics

Nasdaq 100

27 Mar 201504:41 AM

The Nasdaq 100, was marked as wave 5 in Sept, but after that prices continued higher into an ending structure, however the internal waves are impulsive so I think wave 5 just extended by 4 waves and once again counts as complete at the recent high. It has also achieved equality to waves 1-3, which is a good level for extended waves. Weekly charts have divergences in RSI as prices fail to go above the weekly upper Bollinger band.

nasdaq270315

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