Contributors Technical Analysis Elliott Wave Analysis: Nasdaq Intraday View

Elliott Wave Analysis: Nasdaq Intraday View

Nasdaq is turning sharply down from the highs and now trading at 5400 figure where we see a trendline of an ending diagonal. A break lower and daily close beneath 5400 will definitely suggest much lower levels ahead, possibly with a sharp price moves which is normally the case after that an ending diagonal.

Nasdaq, 1H

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