The Nasdaq reached the minimum target range almost ideally yesterday. There it went up in a (presumed) B (countermovement). Considering the current reaction of the market, we must clearly consider that the correction may be done here. But so far, there is no confirmation for this assumption. The corrective movement is still intact. A return in the area of 14530 to 14421 points is the primarily expected scenario - in order to continue from there in the direction of 15000 points;)
The area 14219 is also still possible and would not invalidate my subordinate count. The scenario in the bigger count remains active as long as we stayabove 13,954 points.
So everything according to my plan. But remember: The Nasdaq is currently the super bull. Super bulls correcting very quickly and explosively. We can hope again that the market will come back a little deeper. A little momentum wouldn't be bad for our boy. But the ongoing intermediate correction does not give the impression that it is heading for larger dimensions than the specified area.
The area 14219 is also still possible and would not invalidate my subordinate count. The scenario in the bigger count remains active as long as we stayabove 13,954 points.
So everything according to my plan. But remember: The Nasdaq is currently the super bull. Super bulls correcting very quickly and explosively. We can hope again that the market will come back a little deeper. A little momentum wouldn't be bad for our boy. But the ongoing intermediate correction does not give the impression that it is heading for larger dimensions than the specified area.
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