NASDAQ 100 Short 4HR Expanded Flat Correction NQ1!

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Elliot Impulse Wave followed by an expanded flat correction with fibonacci analysis.

Wave (b) is 1.382 of wave (a) and wave (c) should be 1.618 or 2.618 of wave (a), which would align with the .382 or .618 retracement of wave 0 - 5

In addition, bearish divergence on the RSI with a HH on the price and a LH on the RSI.
Anmerkung
Look for RSI cross below 50 *
Anmerkung
Perhaps we are in an ascending diagonal and remain on wave 5...

Snapshot
Harmonic PatternsTechnical IndicatorsnasdaqnasdaqshortndxshortNASDAQ 100 E-MINI FUTURESnq100SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis

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