Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Wednesday, February 12, 2014

Refined Elliott Trader (RET) chart of Nasdaq 100 Index

Elliott Wave Trader software chart of Nasdaq 100 Index shows more room to the upside before a crash will ensue.  Expecting a pullback to complete Primary 3 and subsequently Primary 4, before the final ascent of Primary 5th which then will mark the end of Cycle wave c and Supercycle wave (b).  This stands in contrast to the S & P 500 analysis that shows the Supercycle (dz) as already completed.  The Nazdaq is not far behind.  Its final waves should play out rather quickly.

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