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NASDAQ - Potential Bearish Deep Gartley

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#NAS100USD# NASDAQ - Potential Bearish Deep Gartley

I analyzed DXY over the weekend, with it clearly breaking 95 on the daily chart , I expect it to challenge 88 soon.

A lot of investors are losing faith in the USD, selling USD to buy all kinds of assets.

With continual drop in USD, I expect Nasdaq to continue its rally, minimally towards 10980.

Nasdaq will complete a deep gartley around this level, which I will wait for a break of support before considering whether to go short.

A deep gartley is when the ABCD structure exceeds XA 78.6, we will then shift our focus to XA 88.6 to look for a potential reversal.

Right now, it is looking bullish , and I expect another 300 points move upwards minimally. If you want to trade today, buying is the right move with targets at 10980.

Good luck and good trading.

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