Wave 5 in Play: NASDAQ Aiming for New ATHs

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Wave 5 in Play: NASDAQ Aiming for New ATHsUS Nas 100OANDA:NAS100USDshakatrade1_618The structure NAS100 NAS100USD NDX remains impulsive. We are currently in wave 5, where waves 1–2 have already formed, and wave 2 is close to completion. After wave 2 finishes, I expect a continuation higher with a breakout to new highs. As long as price stays above the POC and the 20-week moving average, the bullish scenario remains in play. Targets: 26,300 28,000 Bias stays long until key levels are broken.