csmottola71

Nasdaq 60 min Elliott Wave update

CAPITALCOM:US100   US 100
Looks like also C of B of (B) is a straight line. First target hit and smashed. Next probable targets the Fib's on the chart.
Comment:
This is the Nasdaq CFD not cash index
Trade active:
Expect yesterdays highs to be challenged. Currently trading @14550
Comment:
I'm calling the end of this B of (B). 3 clear waves down, all hit our fib targets. Yesterday we hit the 1.618 extension of a-b and bounced to challenge Wednesdays highs. Expect prices to move higher from here. Targets 15800/16200
Comment:
Obviously not the end of this B of B. Next support area 13795/13815

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