Stocks Analysis by Dr. Arnout ter Schure covering: Nasdaq 100, Invesco QQQ Trust, Nasdaq 100 Futures, ProShares UltraShort QQQ. Read Dr. Arnout ter Schure 's latest article on Investing.com
using the Elliott Wave Principle that based on a standard Fibonacci-based impulse pattern, the index was most likely working on a five-wave move lower to ideally $14435-14500 as long as it stayed below $15600.
The green W-c=W-a extension targets $14238, and the grey W-v target zone is now $14245-485. Thus, we have even better Fib-confluence atIn the meantime, the index should have completed the grey W-iv and ideally be at the start of the grey W-v. A break below last week’s low will confirm grey W-v. However, if the index breaks out above today’s high, then grey W-iv is becoming aberrant, and we should expect the index to reach the high $14000s to low $15000s before the countdown for W-v starts over.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
I'm 100% Sure You Didn't Know The Histories Behind Your Favorite Snack FoodsYou're telling me ice cream is how old...
Read more »
Chicago White Sox hit 100 losses for 5th time in team historyThe Chicago White Sox allowed four runs in the first inning on the way to a 6-1 loss to the San Diego Padres on Saturday. It was their 100th defeat of the season.
Read more »
Kim aporta 4 hits; Padres vencen 6-1 a Medias Blancas, que llegan a 100 derrotasLos Medias Blancas de Chicago han perdido 100 juegos en una campaña por primera vez desde 2018, luego que Ha-Seong Kim bateó cuatro hits para conducir el sábado a los Padres de San Diego rumbo a una victoria de 6-1.
Read more »
More than 100 dolphins dead in Amazon as water hits 102 degrees FahrenheitMore than a hundred dolphins have been found dead in the Brazilian Amazon amid an historic drought and record-high water temperatures that in places have exceeded 102 degrees Fahrenheit.
Read more »
Toyota has just clinched its seventh WRC title......so you should definitely, 100 per cent buy this super-rare Celica GT-Four Rally
Read more »
U.K. stocks break two-day winning streakU.K. stocks dropped Monday, as the FTSE 100 Index closed down 1.28% at 7,510.72. Among FTSE 100 constituents, residential building construction company...
Read more »