NASDAQ: The pain ends soon 😌

The Nasdaq price continued its downtrend and dipped into our green target zone between 15 292 and 14 431 points. Here, we now expect the green wave 4 to end. Following this wave, we anticipate a substantial rise above resistance at 16 062 with green wave 5. However, we think it is 35% likely that the price will go below this zone. In this alternative scenario, it must continue its descent to the orange zone before moving upward.
chartanalysisChart PatternsLONGlongsetupNASDAQ 100 CFDnasdaqNQTrend AnalysiswaveanalysesWave Analysis

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