NASDAQ 100 is clearly trading bullish, away from 5577 region. We see waves one and two completed, which means current sharp and strong move to the upside can be blue wave three in the making. Ideally wave three will see limited upside near the 5840 region, where the equality measurement of waves 1 and 5 comes in play. From there a new three wave correction into blue wave four can follow.
NASDAQ 100, 1h
