NASDAQ big picture count

Last update April 6, 2019

Cycle-3 is in and Cycle-4 is an irregular flat to drop back to just above the 2015 highs before Cycle-5 brings price to new ATHs in its finally Rally to complete a super cycle…

Note these counts are not the same as for the SPX. Reason is because the bear markets of 2000-2003, and 2008-2009 are not at all of the same magnitude between NAS and SPX. In addition, NAS didn’t make a new ATH in 2007, SPX did, while the SPX made a lower low in 2009 below the 2003 low, while then NAS/NDX didn’t… Thus these indices are clearly in different counts bigger picture wise, which makes sense as both indices track different things.