Stocks at Crossroads

Nasdaq performed exactly as we charted in our previous analysis of the alternative case. At this point, Nasdaq rests on strong support formed by 200MA on the D chart, and the bounce is likely. The bounce can be short-lived - just enough to form a wave (2). A more pronounced bounce will complete a complex wxy scenario.

Nasdaq, 30-min chart

Want to read more?

Subscribe to www.whitewaterfund.com to keep reading this exclusive post.

Subscribe Now