Nasdaq 100: Near-term Projection

30 Eyl 2021

Hi everyone,

Just to share a near term forecast for the Nasdaq 100, where I expect the price to fall to near 14.55k within the next day.

This is supported by:
1) Wave C projection: 100% of Wave A
2) Wave iv-v (C) projection: 50-61% of wave i-iii (C)
3) MACD: near prior inflexion point on 1hr time frame

I expect this to be strong support, and price to then test at least the 24% internal Fibonacci level (14.9k),

Good luck!

1 Eki 2021

Not

I think the low has now been reached, and we should expect an uptrend from here to at least the internal Fibonacci level near the 14.8-14.85k range.