Elliott Wave Analysis Nasdaq Futures (NQ) Double Correction Targets 22752 Downside
Nasdaq Futures (NQ) display a bearish sequence with a lower low from the 13 August high, signaling potential for further declines. The decline from this peak is unfolding as a double three Elliott Wave structure. From the 13 August high, wave W concluded at 23035. The subsequent wave X rally formed a zigzag pattern, with wave ((a)) peaking at 23369.25 and wave ((b)) dipping to 23076.75. The Index then climbed in wave ((c)) to 23804.49, completing wave X.
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