NDQ Harmonic Elliott Wave and Hurst's Cyclic Analysis
The whole reasoning behind the change that I am making to my previous NDQ count is already described in the linked SPX update, so I am not going to repeat myself.
Points to consider:
Points to consider:
- we are in wave 2, considered as a triple zigzag for now.
- Monday September 25th has to be the first 40D cycle trough in the current 40W cycle.
- Monday September 25th also completes wave (a) of y of 2.
- The next major trough is the 80D cycle trough expected on 24-27th of October.
- The 20W cycle trough is due on 1st-15th of January 2024.
- The 40W cycle trough is expected in May 2024.
