Here is a bullish forecast for the NASDAQ 100 index
Based on the current wave structure, it appears the NASDAQ 100 is in the final wave 5 of an impulsive bullish cycle. Wave 4 appears to have completed, setting the stage for a push to new all-time highs in the near future.
Key points:
The NASDAQ 100 is in the midst of a larger impulsive bullish trend
Wave 4 correction has finished, clearing the way for wave 5 to the upside
Expect the NASDAQ 100 to make new record highs in the coming weeks/months as wave 5 unfolds
Overall, the technical picture remains strongly bullish for the NASDAQ 100 index
This is a very small and focused bullish forecast for the NASDAQ 100, based on the current wave structure analysis. Of course, the markets can always surprise, so this should be considered along with other factors when making investment decisions.
Key points:
The NASDAQ 100 is in the midst of a larger impulsive bullish trend
Wave 4 correction has finished, clearing the way for wave 5 to the upside
Expect the NASDAQ 100 to make new record highs in the coming weeks/months as wave 5 unfolds
Overall, the technical picture remains strongly bullish for the NASDAQ 100 index
This is a very small and focused bullish forecast for the NASDAQ 100, based on the current wave structure analysis. Of course, the markets can always surprise, so this should be considered along with other factors when making investment decisions.
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