• 1,100 days Will The ECB Continue To Hike Rates?
  • 1,100 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,102 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,501 days Could Crypto Overtake Traditional Investment?
  • 1,506 days Americans Still Quitting Jobs At Record Pace
  • 1,508 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,511 days Is The Dollar Too Strong?
  • 1,512 days Big Tech Disappoints Investors on Earnings Calls
  • 1,512 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,514 days China Is Quietly Trying To Distance Itself From Russia
  • 1,514 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,518 days Crypto Investors Won Big In 2021
  • 1,519 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,519 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,522 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,522 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,525 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,526 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,526 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,528 days Are NFTs About To Take Over Gaming?
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

E-mini NASDAQ 100: Three Waves Down Are Pointing Higher

Today we will take a look at E-mini NASDAQ100 June contract as this market seems to have a better and clearer structure. On the 4h chart below we see a three wave set-back from the highs, probably accomplished after recent strong upward reversal, back above 4350. We see rally from the low in impulsive fashion so we suspect that market will stay bullish, but be aware of a short-term retracement into wave 2-circled before going higher.

NASDAQ100 (June 2015) 4h Elliott Wave Analysis

NASDAQ100 (June 2015) 4-Hour Elliott Wave Analysis Chart

 


ew-forecast.com Offer 50% off

 

Back to homepage

Leave a comment

Leave a comment