NASDAQ waves, support/resistance, and trend lines

11 Eyl 2020

Looks like NASDAQ is trying to figure out if it has enough bull support to break above major resistance trend line. I was really thinking that it would do a double top retest, but the longer this drags on the more likely it looks like it will just break down as the FOMO turns to pessimism. The minimum correction will be around the 0.618 fib level.

11 Eyl 2020

Not