You are currently viewing NASDAQ Opening On 8th May 2023
NASDAQ Opening On 8th May 2023

As mentioned in my last analysis on Nasdaq, the bottom was already made in Nasdaq for the ensuing bullish cycle wave V. However like always we need to keep a cautious perspective and take the red line drawn at 10090 as the bottom line for the bullish scenario (below this the whole bullish structure is invalidated)
Take Nasdaq as very bullish in the coming days.
I have also marked in blue, on the 1st chart cautionary line at 11800, which should not be broken for the continuation of this bullish count.