NASDAQ Compositive - primary wave 3 down started, new lows ahead

Nasdaq completed minute wave 1, the early stages of primary wave 3 down. This index is a little behind his other peers SP500 and DJI, but it is following the same path. In this scenario the next target should be around 7,500. We could see a small correction up before the downtrend continues. This analysis should be reviewed if prices crosses up 9,251. FOLLOW SKYLINEPRO TO GET UPDATES.