good evening,,,
follow up to my last post on the nasdaq.
it is thanks to this particular picture, that the nasdaq count becomes possible.
---
the spx500 came down in 5 waves from all time high,
labeled wave (a).
from the 2022 lows, it begun retracing in what looks like a perfect 3 wave move.
there's a beautiful running flat in there which was very tricky to see.
---
i believe the spx500 is about to complete wave c of wave (b) into this summer.
once it does, i will give you a comprehensive update + some downside targets to look forward to.
✌
![es 11-21 [contrarian outlook] [primary]](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
follow up to my last post on the nasdaq.
it is thanks to this particular picture, that the nasdaq count becomes possible.
---
the spx500 came down in 5 waves from all time high,
labeled wave (a).
from the 2022 lows, it begun retracing in what looks like a perfect 3 wave move.
there's a beautiful running flat in there which was very tricky to see.
---
i believe the spx500 is about to complete wave c of wave (b) into this summer.
once it does, i will give you a comprehensive update + some downside targets to look forward to.
✌
![es 11-21 [contrarian outlook] [primary]](https://s3.tradingview.com/a/A5DDxBLP_big.png)
