NASDAQ100 is trading in an impulsive recovery since October 2022 and it’s ideally unfolding a five-wave bullish cycle. Currently it can be actually trading in final stages of wave (5) of 3, so be aware of a new higher degree wave 4 correction, but there can be still room up to the channel resistance line and 17k-18k area before we will see a corrective slow down.
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Source: https://www.fxstreet.com/news/nasdaq-100-may-face-a-higher-degree-correction-soon-video-202401161529