NASDAQ Monday 6300?

24 Mar 2018

NASDAQ has not terminated a wave "3,5" in wave "c" of a "RunningFlat"- or "ExpandedFlat"- pattern on Friday (SPX prob. finished this 3,5 already)! This is, why I would expect a GAP-opening for NASDAQ on Monday. There will be strong support at 6300 area (Fib-level 1.0 of wave "a" for this wave "c")! -Overall, the bearish mode will continue for the next days.

25 Mar 2018

Not

25 Mar 2018

Not

Did some homework. Tried to find the bottom for the next upswing with diff. results. -Next days will show!

25 Mar 2018

Not

I keep in mind, that there are lower targets possible: EW-theory also predicts a possible bottom at TP 5819 in a "ExpandedFlat"-pattern, which I don't want to discuss so far...