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Elliott Wave Analysis: Nasdaq Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

Nasdaq is turning sharply down from the highs and now trading at 5400 figure where we see a trendline of an ending diagonal. A break lower and daily close beneath 5400 will definitely suggest much lower levels ahead, possibly with a sharp price moves which is normally the case after that an ending diagonal.

Nasdaq, 1H

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