8030 786 breakout looks possible now that NASDAQ has spiked off the lows and has gone positive again..one break of that level would setup 8300 short term.
Read more ...
SPX needs to clear 2935 to setup a W3 continuation and NASDAQ needs to take out 8030..but it’ll be tough considering how sideways it is today but we’ll have to wait and see..
Read more ...
NASDAQ gapped down in a downward 3 but has come way back over .382 retrace and could go positive..the issue with the indices has been NASDAQ and not SPX and with SPX’s gap down it’s only retraced .382 of an upward W3..
Read more ...
The corrective wave was almost completely retraced by NASDAQ on today’s rally..SPX is spiking in a W3 breakout and has a target of 3000 short term..
Read more ...
NASDAQ is having a hard time rallying and went red, but DOW is firmly positive and looks like the start of a Wave 3 move..but if NASDAQ can’t get it up here, it’ll be hard for DOW to sustain the rally..
Read more ...
A = C zigzag completed in SPX but we need a big reversal into the close to confirm it..with 5 waves down in NASDAQ a .618 reversal could form into the close..
Read more ...
We completed a full downward W3 at 1.618 the length of W1 and have formed a .382 w4 in the past hour…the downward 3 is over and we could keep rallying into the close with the worst threat being a weak w5 down..
Read more ...
NASDAQ needs to hit 7950-7955 to get a full .382 retrace after a w3 that was 1.618 down..if we get that there’s a good chance of a late day reversal..
Read more ...
7920 is near the intraday low and 1.618 to the downside in NASDAQ..it needs an upward W4 retracement ASAP to prevent further damage here..
Read more ...
Worst case scenario is a break of a new 10 day low and into a bigger C wave down..but if we can reverse here miraculously on .618 support it would help prevent that move..
Read more ...![[11:36AM] $COMPQ has spiked off the lows near 786 breakout](https://wavegenius.com/wp-content/uploads/bfi_thumb/nasdaqpic-myk2ru2y2wczgs6z8lpk1a2o5vttc8lsuf575j3bgs.jpg)
![[6:35PM] Sold the TLRY after hours for 111](https://wavegenius.com/wp-content/uploads/bfi_thumb/membersonly-myk2ru2y2wczgs6z8lpk1a2o5vttc8lsuf575j3bgs.jpeg)
![[6:35PM] Sold the TLRY after hours for 111](https://wavegenius.com/wp-content/uploads/bfi_thumb/membersonly-myk2ru2vglz4w6e3flq4qr0p9dgdsyvieiy8nj40l4.jpeg)
![[11:29AM] $BTC.X Bitcoin pulling back hard after testing near .618 retrace](https://wavegenius.com/wp-content/uploads/bfi_thumb/Bitcoin-Litecoin-Ethereum-njo7c1ywvsrkcohywgt9zl2h6vkiscqm2pbyt7m1a0.jpg)