Elliott Wave View: Nasdaq Attempting for New Record
Nasdaq (NQ_F) 1 hour chart below shows that the Index has ended the correction from July 13 all-time high. The pullback unfolded as a flat Elliott Wave Structure. From July 13 high, wave (A) ended at 10358.75 low. The bounce in wave (B) ended at 11058 high. The Index then extended lower in wave (C), which ended at 10301.91 low. This completed wave ((2)) in larger degree. The correction reached the blue box area, which is the 100 – 123.6% extension of wave (A)-...
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