$NDX Tests 200DMA Rejection Zone as W5 Downside Targets 22,400

TRIGGER TRADES
04-05 08:46

$NASDAQ 100(NDX)$ W5 is LOADING.

W4 bounce is coiling into the Daily FVG at 24,267–24,721.

200-DMA sitting right there too.

That's the rejection zone.

Above 24,510 and I reassess.

Below it — W5 decline is on NEXT.

Downside target: Monthly FVG at 22,400

Bearish SMT w/ $DJI still active at the March 23 high.

That divergence holds — this bounce gets sold HARD.

You've been warned.

This will change how you use Elliott Wave.

EW 2.0 is now MECHANICAL:

↳ Detects 3rd waves

↳ Locks in the W4 high-probability zone

↳ Projects W5 targets automatically

No reinterpretation. No moving the goalposts. No manual counting.

The cornerstone of Elliott Wave 2.0 — and the best Elliott Wave indicator ever built.

It's not close.

Just a repeatable framework you can actually trade.

Beta dropping soon for everyone 🔓


For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment