Nasdaq 20,000 Target

Falling broadening wedge has confluence with the long term market trend top of around 20000.

- DXY and TNX shows vast amounts of liquidity on the side lines.
- Puts are at all time highs which will add fuel when short covering.
- Wall of worry is in place with war, fed and inflation concerns.
- Massively oversold on all technicals.

Market is prepared for the 5th parabolic wave.