The bulls are making clear that they are not in the mood for my main target area. In other words, with a breakout above 14225 points, I assume that the intermediate correction is already done and it continues on the upside.
Conclusion: the Nasdaq is putting pressure on the end of the week and no longer seems to be interested in the correction. But there is still the chance that we see my primary target area for wave iv. Lets see how the market reacts at 14.225 points.
Conclusion: the Nasdaq is putting pressure on the end of the week and no longer seems to be interested in the correction. But there is still the chance that we see my primary target area for wave iv. Lets see how the market reacts at 14.225 points.
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