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Dr_Roboto

NASDAQ double top?

US 100 Index (TVC:NDQ)  
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TVC:NDQ   US 100 Index
Trend Analysis Chart Patterns Wave Analysis NASDAQ 100 CFD QQQ SQQQ SPX (S&P 500 Index) DJI
9
6
trendanalysis chartpattern waveanalysis ndx qqq sqqq spx dji
Kind of looks like a double top to me.

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Komentar:
FYI, I would not be surprised if it retests the 13547 level. This could be a Wave B, which would allow it to go as high as 1.236.

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1M
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1W
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1D
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2h
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Komentar:
With Elliott wave overlay. The peak today makes a perfect trend line off bottom of wave 4.
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Komentar:
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And the pièce de résistance, a rare wave 5 with ending diagonal.
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elliottwave-forecast...elliott-wave-theory/
Komentar:
Lets see if the pattern repeats
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Is the NASDAQ closing in on the end of Wave 5 since dot com?
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