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NASDAQ – In all my previous posts , I had been talking about a strong move up as an ‘X’ wave. This did come about at exactly the bottom predicted.
X waves are 3 wave moves. This is only affirmed once the downward move starts after 3 waves. However in case of NASDAQ do not see a CLEAR 3 wave move up. To escape this dichotomy , best is to see NASDAQ on short term for the time being until the wave count is more clearer.

As mentioned , I have given above the short term view . This is the best way to ascertain EVENTUALLY if we had an X wave or an EVENTUAL Impulse wave.
Expect a correction on immediate , and then an upswing as shown by blue count.