NQ-240m-2-04-2020-9-09-am

NQ - does not look bearish

At this point NQ has the cleanest picture and it argues for a new all time high. And that new higher high would finally complete a larger rally in wave ( iii ) up. When we got that sharp drop on coronovirus news I kept talking that such sharp drops is how normally minor wave -iv- down looks like. They precede the final thrush higher in the final wave -v- of ( c ) of ( iii ) up. And the low made by that minor wave -iv- down become the first target for a larger drop in a bigger wave ( iv ) down.

NQ - 240 min chart updated at 9-05 AM on 2-04-2020

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