Alvaro_RNG

Alvaro_RNG

This is an Elliott Wave analysis. We know that the market is fractal, and we find this wave behavior on any time frame. According to my observations, it seems that we are close to an 'ABC' correction in the micro-trend (1D), and in the macro-trend (1W), we would be near the 4th Elliott wave, which corresponds to a correction of 11% - 15%, or it may retrace near...

Alvaro_RNG

This is just a technical projection of the possible movements that NQ may have over the next few days, assuming that we are forming a triple bottom, and assuming it occurs right in the marked zone. At least one upward corrective wave movement of 3 waves is expected. Please use this as a guide only, and do not take it as investment advice.