NDX is set up for another push higher to the 18915-19000 range

$NASDAQ 100(NDX)$ is set up for another push higher to the 18915-19000 range that has confluence of the 90% extension of [W1] + [W3].

That is expected to terminate the extended fifth, [W5], rally before reversing sharply to the downside for the higher degree correction.

The higher degree correction should then target 17000-16280, which holds the previous all time highs + fractal 2nd wave low that is a very common characteristic following fifth wave extensions.

Image

https://twitter.com/TriggerTrades/status/1774587538528776484

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Comments

JuliusGoldsmith
04-02
JuliusGoldsmith
I'll have to take a closer look at the chart and consider your perspective.

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