NQ1!, big picture
As NQ1! price moves towards its ATH at 18709, and assuming that new ATHs are found shortly, I'm looking at this being wave 5 of (3) of ((5)). Wave (1) of ((5)) was an expanding leading diagonal.
Major corrections in the primary wave structure coincide with significant world events (i.e. Great Financial Crisis, COVID-19, etc.). S&P, DJI, and Russell 2000 all at similar points in their wave structures, although I find the Nasdaq to provide the most clarity at this point.
I suspect wave (5) of ((5)) will complete within the next 12 months.
Major corrections in the primary wave structure coincide with significant world events (i.e. Great Financial Crisis, COVID-19, etc.). S&P, DJI, and Russell 2000 all at similar points in their wave structures, although I find the Nasdaq to provide the most clarity at this point.
I suspect wave (5) of ((5)) will complete within the next 12 months.
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