NASDAQ - Tracking Minor Waves - Some Tricky D Wave Dud

My thinking on the previous related idea (see below) was that the previous high (marked in red) was the D Wave followed by the E Wave.

Due to some weird choppy waves this morning the D Wave identification was wrong.

A break of 9594 should confirm that Blue Wave 2 in this (C) Wave is done.

I always look for that V shaped recovery when E wave is complete.

When E Waves are confirmed, the stop goes at the end of E Wave.

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Commentaire:

The recovery overnight was choppy. Tread carefully.

Commentaire:

I took my trade off. Wave 2 not over yet I am about to release another idea.