Between May first and today the system did not predict any specific weekly direction for Nasdaq as no weekly reversals have been elected (also not any monthly, daily I am not following). This is exactly what is happening now. If reversals are elected tomorrow , I will post it here and then we can see the results one week after (where we should consider that reversals act similar as support / resistance levels)
Ok finally a weekly bearish has been elected on Nasdaq. Bitcoin remained over the weekly bullish (also elected) and below the Monthly Bullish. There are still some days till months end :-)
So lets summarize the week so far:
Friday May 17th Nasdaq Close: 7816.28. Election of the bearish Reversal
Thursday May 23rd we are trading currently around 7643
Summary so far we have 173 points. I am sure Traders would transform this movement in good cash :-)
I am still in.
https://www.nasdaq.com/article/market-close-report-nasdaq-composite-index-closes-at-781628-down-8177-points-cm1151100