Nasdaq anticipation wolf wave - elliot wave - ascending wedge
I've been anticipating nasdaq moves ignoring the news since quite a while and it work way better that way.
and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility)
If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge, and if Nasdaq goes to a range to 13400/13600, that would be a perfect bearish wolf wave. confirming previous anticipation drop.
Then where would be 2 scenarii, 1 is the rebound from the 1D SMA200, the 2nd one would be the confirmation of the 5th legs of Eliot's wave and 50% fibo on weekly, so 10780.
time will tell, im into the 2nd scenario.
and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility)
If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge, and if Nasdaq goes to a range to 13400/13600, that would be a perfect bearish wolf wave. confirming previous anticipation drop.
Then where would be 2 scenarii, 1 is the rebound from the 1D SMA200, the 2nd one would be the confirmation of the 5th legs of Eliot's wave and 50% fibo on weekly, so 10780.
time will tell, im into the 2nd scenario.
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