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HomeContributorsTechnical AnalysisElliott Wave Analysis: Nasdaq100 Trading In A Temporary Correction; Higher Level May...

Elliott Wave Analysis: Nasdaq100 Trading In A Temporary Correction; Higher Level May Follow

Elliott Wave Financial Service
By Elliott Wave Financial Service

Nasdaq100 is trading slowly and choppy, probably in a correction of a higher degree wave 4). That said price may see limited downside around the previous swing low of minor wave 4 at 5572 level from where a new bounce higher may follow.

Nasdaq100, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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