If the index doesn't move above 7422 in February, then I see a high possibility that it will fall below the January low... If not in February, then in March and April.
In this context of the red ABC correction, the red C corresponds to 1.38% fib of the red B.
This schema could serve as an orientation for the Dow and the NASDAQ 100, because they could show similar development.
In this context of the red ABC correction, the red C corresponds to 1.38% fib of the red B.
This schema could serve as an orientation for the Dow and the NASDAQ 100, because they could show similar development.