NASDAQ: GET READY FOR TROUBLE!

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Look carefully. I'm not saying to that anybody needs to trade 3-day time frames.

The point of this chart is to show that there is an overdue correction - and I don't know when it's gonna happen. Why? Cuz unlike many out here, I have no crystal ball - and I don't own the future.

Elliott waves are not to be interpreted rigidly. Fibonacci does not tell markets what to do.

The NASDAQ, DJI, S&P500 and several other markets are overdue corrections as we head into the 7 to 11 year economic cycle. For those who don't know the cycle exists and it is heading for a trough which hasn't happened as yet.

Disclaimer: This is not a recommendation to buy, sell stocks or trade in securities. Your losses or missed opportunities are your own. If you lose money - kindly sue yourself.
Anmerkung
I'm not even interested in wave 5.

Wave 4 will be the important one.
Anmerkung
BRACE!! BRACE! You've been told!

Snapshot
Beyond Technical AnalysiscrashElliott WaveFibonacci RetracementnasdaqshortTrend Analysistrouble

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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