Nasdaq to $16,514 by Nov 3 or $16,744 by Dec 27

Nasdaq to $16,514 by Nov 3 or $16,744 by Dec 27


Dark green arrow shows we just finished wave 4 – ABC zigzag correction and are heading to a 1.618 reverse fib(wave 3 to wave 4) advance to a high of $16514. If the trend follows the channel and fib levels, it seems to converge around Nov 3, 2021

alternatively, light green , if we see a decline below wave C at $14400 a double zigzag is forming and a new low at $14000 (blue line Oct 22 – which is also support of wave 5 and wave B) leading to an aggressive impulse taking us to $16744 near Dec 27

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