dRends35

NQ1 - Third Wave of Correction Underway

Kort
CME_MINI:NQ1!   NASDAQ 100 E-mini terminer
Dollar is pushing up and indexes have begun to move inverse.

So it looks like the third wave is on.

This is where we'll find out lot more about if this bearish trend has legs.

Considering that dollar may have legs to move on up to the retracement Golden Window, then indexes may have a significant slump.

Unless there is a fast recovery it does look like it will drift out of the pitchfork showing us that a highest time frame correction since the lows is underway.

Liquidity landmarks below are the long term trendline, 200 / 500 MA and Accumulation Top Support.

Not advice

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