NASDAQ Update IV: And We Have Lift-off!

Over the past weeks I’ve kept you successfully and timely updated on the NASDAQ-100 (NDX) and RUSELL2000 (RUT) Elliot Wave Counts, as these indices have been hitting the forecasted price targets to the T. Let’s review what I forecasted and what transpired: June 3: I forecasted the NDX to reach $7165-7290 (see here). June 15: the…

NASDAQ update: how low can it go?

Dear followers, thank you for your patience as I am sorry for the long hiatus in public updates, but I’ve been very busy in getting my own Hedge Fund off the ground (see here), off which I am very proud, as well as keeping my premium members on the right side of the trade and…

A review of the NASDAQ’s charts

This is an excerpt of this week’s digest available to premium members only. Contrary to the DJIA, click chart to the right, the daily chart of the NASDAQ (see below) has no peak relative strength values (RSI5) but instead sports negative divergences, has triple negative divergence on the MACD and contrary to the DJIA peak money flow…