The nasdaq has already reached and exceeded my short-term target. In the subordinate level we are still in wave 3. My first target was based on the assumption that wave 3 exceeds the increase of wave 1 by 161.8% (13,645). This is 45% of the time!!!
A wave 3 can extend very strong. Wave 3 can even exceeds the increase of wave 1 by 176.4 - 261.8% (by 30%)
In the chart you can also see a possible correction (wave 4). But it is still possible that we see even higher prices by an extending wave 3. So wait for a pullback to establish a long position:)
A wave 3 can extend very strong. Wave 3 can even exceeds the increase of wave 1 by 176.4 - 261.8% (by 30%)
In the chart you can also see a possible correction (wave 4). But it is still possible that we see even higher prices by an extending wave 3. So wait for a pullback to establish a long position:)
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