$NQ #NQ #trading setup #Elliott Wave
This morning bears undercut the double bottom but then bulls stepped in and reclaimed that broken support 14,586:
That rally would be just a “dead cat bounce”, a corrective pullback, in a subwave (c) of a corrective wave ( ii ) up. completed corrective wave (ii) up shaped as the Running Flat structure would be followed by a very strong decline in a wave ( iii ) down.
That target for the rally is 15,176.
Break under 14,586 would invalidate that bullish setup.
#ES #long setup #Elliott Wave #complex correction #w-x-y correction Bears can push ES-mini down one more time to complete the
$E #ES-mini #Elliott Wave #trading setup as long as bears hodl ES under the micro resistance 5,498 the pressure should
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