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Dr_Roboto

Is the NASDAQ closing in on the end of Wave 5 since dot com?

US 100 Index (TVC:NDQ)  
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TVC:NDQ   US 100 Index
Trend Analysis Chart Patterns Wave Analysis NASDAQ 100 CFD SPX (S&P 500 Index) QQQ
5
1
trendanalysis chartpattern waveanalysis ndx spx qqq
What do you think? Are we going to make it to 3.0 fib ext or is this the top? Maybe this is still wave 3? Did wave 3 end in 2018? Ah, the art of Elliot waves. You don't know the answer until its over.

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I am going to go with 3.0 fib ext as the end.
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Kommentar:
Kommentar:
Don;t know if it is the end of a wave, but all signs are pointing to a pull back this week. See the pattern in the RSI and the big gap left open last week.
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Kommentar:
Wednesday morning and not a major pullback, but enough to wake everyone up.
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Kommentar:
The drop is getting bigger.
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