Nasdaq - Higher degree sub-wave 2 rebound

From its low of 2616, Nasdaq has gained cumulatively 200 points (7.6%) to close last Friday trading at 2816. By now it is very clear that my previous wave count of assuming the current rebound as mini wave iv rebound is wrong, with a magnitude of 200 points, it has to be a higher degree sub-wave 2 rebound. If it ends at 2833, then it is a 'Head and Shoulders' formation.


If it ends higher at 2873, then it is 'double tops' reversal pattern.

However, if it continues to move beyond 2873, then I could be completely wrong in the last few months in my wave count, I will really have to start to look at the chart from a completely different angle.

Yahoo Finance Top Stories Today

Accidents do happen even though the pipeline was designed and constructed under stringent engineering guideline and specification.

What can be the consequences if this pipeline is conveying waste-water from rare earth refinery instead of oil????

Government better think twice for the Lynas project.

Curtis, a real Devil

At his Mount Weld mine in the desert, Lynas has a small facility at the site, Australian Government has imposed a 30 km radius buffer zone, Lynas complied, no one is to stay within this 30km buffer zone. And the same Lynas and Curtis is constructing a giant plant 3 km from an existing residential area and 25 km from Pahang State Capital Kuantan that has a population of 600,000.



Do you think they really care about lives in Malaysia???

For those that have approved the project, I don't think they knew what they have approved. This thing will happen again and again when you have incompetent people sitting on top.

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