We posted this long term forecast 18 months ago. If $NQ goes down from here, it will be legendary. If the index makes an ATH, it will be even more entertaining for a few reasons. Let’s evaluate probabilities.
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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