nasdaq ended up playing out my original bias and hitting the downside target from my last post,
after further observing the wave count, i do have to lean with 2 more legs down in the days \ week ahead.
it might look scary as it's happening, but keep an eye out on the levels on my chart 💸
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once this move is completed, we should see a pretty fat move to the upside (to make a lower high), followed by a true capitulatory event to the downside - that's when real panic will set in, and things will hit the fan.
after further observing the wave count, i do have to lean with 2 more legs down in the days \ week ahead.
it might look scary as it's happening, but keep an eye out on the levels on my chart 💸
---
once this move is completed, we should see a pretty fat move to the upside (to make a lower high), followed by a true capitulatory event to the downside - that's when real panic will set in, and things will hit the fan.