I've subdivided the hourly chart of NDQ into a subminute 5 wave structure of a minute abc. Wave 4 has just hit the 38.2 retracement and bounced off. This may be the begining of wave 5 of c of B. A cross below 16040 would suggest wave B is complete and we have started a wave C downwards. MyMACD still in bullish territory.
Transaction en cours
It's happened. NDQ has crossed and closed below (and closed below) the 50% retracement of wave 3. Since 61.8% retracements of 3 rarely hold, my preferred count is that B wave completed @ 0.784 extension of A and we are now in a C wave. If what we are seeing is wave 1 of C it looks like it's going to be quite dramatic.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.