US 100
Long

NAS bottom in. Time to bounce and head much higher

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Here is the NAS. I show the Full/Bear Moon Correlation as well. We just had a Full Bull Moon (Green Circle). I expect a bounce here which will also keeps the HL and start wave 5 up. Why? because this is an ideal place for wave 4 to end before the .382 fib. We are also on support and fib levels identify this as a possible reversal point. I think this wave 5 up will run till around September and I highlight two targets area's I'm watching.

I also show the Elliot Wave count which also points at the fib target areas where this wave could target.

Guess we will find out tomorrow/this week if I was correct.

Nota
istantanea
Nota
Here is an even longer term idea istantanea
Chart PatternsTrend AnalysisWave Analysis

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