Elliott Wave Theory on Nasdaq
This is a risky idea but I´m ready to share it anyway.
We are currently in a trow over of an ending diagonal in an ending diagonal in bigger timeframes (daily and weekly).
What I am showing is that we might be in the end of it.
A count of ABC with 1 to 5 of the C is currently maybe done. An ending diagonal usually is formed by ABC subwaves (3-3-3-3-3) why you see it here instead of normal 1 to 5 waves.
(It can also be formed as a 5-3-5-3-5 but it´s more rare).
We should now be almost finished with the 5th of C and therefore going down.
I espect a large correction with a duration of at least 15days.
We are currently in a trow over of an ending diagonal in an ending diagonal in bigger timeframes (daily and weekly).
What I am showing is that we might be in the end of it.
A count of ABC with 1 to 5 of the C is currently maybe done. An ending diagonal usually is formed by ABC subwaves (3-3-3-3-3) why you see it here instead of normal 1 to 5 waves.
(It can also be formed as a 5-3-5-3-5 but it´s more rare).
We should now be almost finished with the 5th of C and therefore going down.
I espect a large correction with a duration of at least 15days.
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