TimeWaveTrading

Nasdaq Trend Analysis Update

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
This analysis is the winter version of the NASDAQ in December. It is only technical trend analysis regardless of any news or information. If the NASDAQ rises in the current pattern, there is a high probability that it will drop significantly once. This is because it is an incomplete rising pattern. Anyway, gaining monthly support and then rising is going to be a very complete trend in the long run. Conversely, Dow has already taken monthly support, so it will maintain a safer flow than NASDAQ.
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