The Nasdaq 100 (NDQ) decline from its all-time high into the October 2022 bottom was an Elliott wave - Double Zigzag. The rally off the October 2022 bottom also appears to
be a Double Zigzag that could complete soon.
The actual length of the first ZIgzag up from the October bottom was 1726 points multiplied by 1.618 equals 2792 added to the "X" wave bottom of 10671 targets 134363 for completion
of the second (A-B-C) Zigzag.
The NDQ could complete its post October 2022 rally on 04/11/23 or 04/12/23 as noted in my prior time forecast post.
The next CPI report is due on 04/12/23.
Mark
be a Double Zigzag that could complete soon.
The actual length of the first ZIgzag up from the October bottom was 1726 points multiplied by 1.618 equals 2792 added to the "X" wave bottom of 10671 targets 134363 for completion
of the second (A-B-C) Zigzag.
The NDQ could complete its post October 2022 rally on 04/11/23 or 04/12/23 as noted in my prior time forecast post.
The next CPI report is due on 04/12/23.
Mark