NDX Bullish Trade Setup

6 May 2021

The NDX is likely going wave iv pullback before making a terminal move higher into wave v. Key Fib support at 13339 or 50% retracement acting as a good level to establish some +ve delta butterfly spread expertly early July. If we break wave count invalidation, then the NDX could possibly make another 5 waves lower into trend channel support at 12378.