Is the NASDAQ in a Wave B or the bull market is not over?
I’m really curious to see how the NASDAQ will unfold in the coming weeks. The bull market and dip buyers seem more resilient than ever, despite significant divergences between market performance and the broader economy. The big question is: Are we still riding a Wave 5, or is this all just a trap waiting to unfold?
What’s even more interesting is that both the recent correction and the recovery retraced exactly 0.786 of their respective moves. This symmetry could be signaling something important—is it a sign of strength, or just another layer to the potential trap?
What’s even more interesting is that both the recent correction and the recovery retraced exactly 0.786 of their respective moves. This symmetry could be signaling something important—is it a sign of strength, or just another layer to the potential trap?
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