Nasdaq might go down sharply in Zigzag
4H Elliott wave plus fundamental analysis is confluent
If you read fundamental article you almost cannot see any institution recommend to buy in this area
5th wave Ending diagonal wave is clear
I think it very good RR to short in this area by using gap down as entry confirmation
because we expect 5 move sub wave of Zigzag to come
However there 2 possibility of C wave in Zigzag
1.Impulse Wave
2.Ending Diagonal
But with this war situation Israel deep correction like Impulse Wave is more likely
If you read fundamental article you almost cannot see any institution recommend to buy in this area
5th wave Ending diagonal wave is clear
I think it very good RR to short in this area by using gap down as entry confirmation
because we expect 5 move sub wave of Zigzag to come
However there 2 possibility of C wave in Zigzag
1.Impulse Wave
2.Ending Diagonal
But with this war situation Israel deep correction like Impulse Wave is more likely
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