Nasdaq new all time high reverses to end with an outside down day key reversal daily bar...


The Nasdaq has been making all time highs for weeks, however, other indices like the S&P and Dow have been lagging way behind. Markets at major turning points whether tops or bottoms become fractured. They diverge from one another which creates inter market divergences.

This is what's going on now! Sometimes markets catch up and eventually all converge to create the same wave patterns. For now either the Nasdaq is topping out and ready to turn down or it has further to run and the other markets will eventually confirm the move.

Today's charts show this confusion in the markets which is being displayed by the wave formations.

This is all easier explained and much easier to understand by watching our video just published on our channel.   www.youtube.com/c/proelliottwaver





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