NASDAQ 100: Two Wave Structures
Gregor Horvat | Sep 15, 2021 07:29AM ET
We can see some real roller coaster in the markets. Stocks are still struggling, however, looking at the NASDAQ 100, it still can be trading in wave 4 correction as a count #1, but only if it manages to recover back above 15525 region.h2 NASDAQ 100 Elliott Wave Analysis Chart #1
/h2
Otherwise, if it's going to retest the lows based on count #2, then stock will have hard times to go back to highs, mainly because NASDAQ 100 would then have five waves down from the highs, which would confirm a temporary top. Today's daily close price will be very important.h2 NASDAQ 100 Elliott Wave Analysis Chart #2/h2 h2
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