2020 NASDAQ IXIC - Elliott Waves - Downside Targets

Statistical likelihood of each retracement based on Wave 4 assumption:
Page 10 - astrocycle.net/PDF/WaveRatios.pdf

• 60% likely - TP1 is the less bearish outcome and quick rebound.
  
• 60% likely - TP2 is the more bearish outcome and longer rebound.
  
• 15% likely - TP3 is the most bearish outcome and much longer rebound.
  

2020 downside targets on NASDAQ IXIC based on:

• Retracement since start of run in 2012
  
• Pitchfork since 1995
  
• Trend-based Fib extension from first drop after COVID