Potential buys on NASDAQ

Looking to enter a buy on NASDAQ once it retests its order block at 14676.87. Price has clearly broken structure and invalidated any bearish setup in the medium term. Re-looking at my wave count it seems we were in the fifth and final wave of the Elliot wave Supercycle thus price should take out the previous all-time high on Nasdaq and create a new one.

Stops will be below the bearish order block and the target will be the previous swing high at 16767.80.

Elliott WaveTrend AnalysisWave Analysis

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