Posted byu/jonkuok
12 hours ago
20200603 US Share Market June

The NASDAQ Array has shown that June was the target with also a Directional Change due this month. This is 3 months from the low so we are still in a reactionary phase. Note how the strongest targets are September and then November during the elections.

Here we can see that is the NASDAQ exceeds 9750 on a closing basis, it can make a new high and then fail. This is likely if the Dow cannot exceed its Weekly Bullish in the 27000 level. Keep in mind that the low in the NASDAQ was 2002 - not 2009 as was the case in the Dow and S&P500. This is part of this Paradigm Shift and it is warning that this index may peak out as early as 2025.