Nothing new to add..
last update:
The NASDAQ follows my expectations exactly and, as announced yesterday, runs to the lower edge of the triangle. From there an impulsive start follows and we break the trend line of the triangle upwards. This is a positive sign that wave (4) has finished. Now we are in wave (5) towards 15600. In order for this expectation to be confirmed, the most important thing is that no new intermediate lows are built on the downside. The last low was at 14849 points. After completing the next upward movement, I expect a correction, for which I will define a trading area in the next days. This is a long opportunity (swing trade for a few days)
last update:
The NASDAQ follows my expectations exactly and, as announced yesterday, runs to the lower edge of the triangle. From there an impulsive start follows and we break the trend line of the triangle upwards. This is a positive sign that wave (4) has finished. Now we are in wave (5) towards 15600. In order for this expectation to be confirmed, the most important thing is that no new intermediate lows are built on the downside. The last low was at 14849 points. After completing the next upward movement, I expect a correction, for which I will define a trading area in the next days. This is a long opportunity (swing trade for a few days)
