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Nasdaq Weekly Analysis

NQ is following our path that we outlined at the beginning of August and it looks like the index has some unexplored levels down there. Today we, as usual, will discuss probabilities.

We posted this amazing long term forecast 18 months ago. If $NQ reverses in August and falls, it will be epic legendary!

In our weekly analysis we traditionally evaluate the candles and their combinations that Nasdaq formed on multiple frames, discuss recent technical events and their potential impact, assess probabilities, and project the long and short term targets using Elliott Waves and classical patterns.


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If you want to read about other US and global indices, the respective weekly reports can be found here:

Russell 2000:

S&P 500:



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