NASDAQ – detailed EW count

This page shows the preferred current count for the NASDAQ in more detail. Please refer to the wave-labeling page to see which degree waves each is. This page will be updated a few times per month. Please refer to the “NASDAQ big picture count” page for the larger degree waves over the past 10+ years.

Last update May 13, 2019. 

With the failure to produce a confirmed five waves up, the b-wave of a larger primary IV scenario is now preferred. I’ve shown an alternate count but it hinges on the failure of a confirmed 5th wave and is thus very suspect. Price should now be completing wave-1/a.