NASDAQ has formed a zigzag after rallying hard off the lows

NASDAQ needs to hold intraday .618 support at 7150 and rally over 7200 to form a W3 today, and there’s a chance that we hit 5 waves down in a C wave bottom…we really need to close near the highs today to setup the W3 move or there could be a retest of 7050 next week..

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