NASDAQ ($NQ) broke below previous low on 5/20/2022 at 11490.50 and opens up a bearish sequence favoring further downside. The entire decline from 11/22/2021 high is unfolding as a zig zag Elliott Wave structure. A zig zag structure is a 3 swing corrective structure where A, B, and C subdivides into 5-3-5 waves. Down from […]
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