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NASDAQ waves - looking for drop at end of day?
Looks like end of wave B and ready for wave C. Note the momentum is about to switch in the MACD. However (just like yesterday push) when there is low volume it only takes a little buying to push the price up. I am not in favor of that for today since we already notched another ATH earlier.
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Idea is probably junk. The S&P 500 and VIX went the opposite way I expected.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.