csmottola71

Wave 1 of C still not in place

TVC:NDQ   US 100 Index
Waiting for a wave 1 to be in place in order to estimate a wave 2 target and consequently give an educated guess on how the ABC correction will terminate, running or maybe expanded flat. Wave 1's generally end with an RSI in bullish territory. Slava Ukraini
Trade active:
14200 area is the battlefield. Here it will be decided whether wave 1 is done with or not. Since it has been battling this area for the good part of this week an alternative is that wave 1 is done and we are in a very shallow wave 2...unlikely but possible

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