csmottola71

Nasdaq Update

Long
CAPITALCOM:US100   US 100
Nasdaq has entered the last stage of this B wave. currently in the 5 of 5 of c of B. Where this will find a bottom is anyones guess. Fibonacci extension of 0-3 of C place typical targets (1.236 & 1.382) beyween 14000 and 14100 (ish) area. Where ever this finds a bottom it will be followed by wave C of B ergo, rip your pants off rally. CAUTION.
Comment:
Upward targets suggesting C of B is underway :
Futures contract above 14365
Cash above 14460

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