Bigger Picture View On Nasdaq

With everyone at JP Markets making a killing on the Nasdaq lately, I thought I'd share my analysis perspective on the larger time frame. According to my wave analysis on the weekly chart, I am expecting to see a rally to around the 8100 mark before we see a significant pullback to around the 6300 level.

Remember this is my view and is not guaranteed so if you decide to use this analysis, you do so at your own personal discretion.

Happy trading!

Linton White
JP Markets
South Africa