NASDAQ short until September 2024

18. Jan.

Based on time fib for daily TF we can measure the manipulation leg that took out a HTF low or high, the next opposing high or low falls within time fib Feigenbaum constants (3,5699 and 4,6692) of the time for this manipulation leg (target areas marked with vertical dotted lines). This suggests that based on the recent high of 17165 for NS1! on 29th December 2023, the next direction is short with target around September 2024. If we measure also manipulation leg using price fib and the same Feigenbaum constants, we expect the low to be around 10739.