NASDAQ - The Perfect Impulse - Correction - Impulse

2021年10月4日

Nasdaq has been showing very clear impulse and corrections. The corrections appear to be always an ABC contracting triangle.

We could in wave A of the ABC correction now.

The trade to look for is the impulse after wave C, which is the big move. However we can capitalise on wave B now. Watch for a bounce off the channel support. We've seen that wave B has a correction midway through the move which would be a good point to put trades at BE.

Due to the uncertainty in world economics, it is imperative to play this one safe and use proper risk management.

2021年10月20日

註釋

Currently running 10,000pips with 0 drawdown