NASDAQ - What do I expect?

Hey Guys,

the Quarterly and Yearly Chart are Bullish. The Monthly is showing 5 waves - could mean that some traders are willing to take some profits because they expect an ABC - Wave Correction from here.
However, a Fifth Wave extension is not that unlikely because the third has not been extended.

in simple words: We might see a bit of a correction - or we will see a straight continuation -break above and retest the Highs - but I guess many will be happy taking a bit of profit here, thinking about the upcoming election in the USA - a bit of Consolidation would be expected at least thats what I am thinking…

Either Way - I will be cautious during the next week as it might indicate what Q3 will look like.



Thank you for reading…