As can be seen from the chart above - I believe the Nasdaq is going through a clear re-accumulation - currently in phase C.
We see each reaction to the downside reduced after the Feb lows, higher highs, higher lows as the weeks pass.
EWT suggests the price action seen during the February crash formed w4. We are now in W3(5). Daily bar on the 15th August (retest of local highs on high vol) suggests we are clear for another push to the upside.
1.618 extension of W1 leave us with a target of 8700. A continuation of the tech boom we are now experiencing will further drive the nasdaq forward. The next task is finding a good entry point!
We see each reaction to the downside reduced after the Feb lows, higher highs, higher lows as the weeks pass.
EWT suggests the price action seen during the February crash formed w4. We are now in W3(5). Daily bar on the 15th August (retest of local highs on high vol) suggests we are clear for another push to the upside.
1.618 extension of W1 leave us with a target of 8700. A continuation of the tech boom we are now experiencing will further drive the nasdaq forward. The next task is finding a good entry point!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.