Nasdaq showing positive weekly divergence suggesting that the Nasdaq will
likely change trends from down to up or sideways at the least.
This fits well with my other SPX hypothesis that there is an Elliott corrective
pattern that shows some promise of being finished. Add to this the USDJPY weekly
negative divergence and strong sell off, this paints a good picture for the NAS100 to
be a buy here or soon. Stops would go below the lowest low.
likely change trends from down to up or sideways at the least.
This fits well with my other SPX hypothesis that there is an Elliott corrective
pattern that shows some promise of being finished. Add to this the USDJPY weekly
negative divergence and strong sell off, this paints a good picture for the NAS100 to
be a buy here or soon. Stops would go below the lowest low.