Elliott Wave View: NASDAQ (NQ) connected to the support area


Nasdak (NQ) has reached the highest of 12.16.2024 peak, and thus the index might even see the help quickly to attend a minimum of 3 waves. Within the close to time period, a lower from 2.18.2025 peaks are progressing as 5 Qatari waves. A lower from 2.18.2025 peak, the wave 1 ended at 22102.75, and Wave 2 Rally ended at 22299.75. Then the index decreased within the wave 3. Beneath from the wave 2, the wave ((i)) in 21951, and the wave ((II)) ended at 22245.5. The index prolonged to much less within the wave ((III)) round 21652.75 and the wave ((IV)) ended at 21813.

Wave 4 Rally resulted in 21409.25. The ultimate wave 5 at 20460.5 which accomplished the wave (1) of ((C)) resulted in the next diploma. The peak within the wave (2) ended at 21123.53 and the wave (3) decreased in 20075.25. Rally is proposed within the wave (4) full in 20732.5. Within the close to time period, as a lot because the axis at 21123.53 excessive residue, anticipated the index be prolonged within the wave (5). The extremist area comes from 12.16.2024 peak in 19452 – 20543 the place the present decline can finish and the index can see help.

NASDAC (NQ) 60 minutes Elliot wave scheme

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2025-03-05 05:34:52

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