NASDAQ - MARKET UPDATE & ANALYSIS
The Nasdaq goes straight back to new highs after a fast wave 4 and will probably continue its movement. My next target is the area from 15606 points. Depending on how well the bulls are now, the action can pull itself up to the 16,000 point mark before we have to expect a correction from there. When I say correction I mean max. 1000 points. But at least around 600 points.
Conclusion: First of all we are going north. But I can already see the next interim correction knocking on the door.
30min chart:
H1 chart (future):
Conclusion: First of all we are going north. But I can already see the next interim correction knocking on the door.
30min chart:
H1 chart (future):
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