ARTICLE SYNOPSIS...With the NASDAQ now in a bear market trend, it is possible to use Elliott wave theory to forecast when the downward trend will come to an end.
ARTICLE SYNOPSIS...The NASDAQ recently made a huge upward move of 9.53% and market analysts are saying that the bottom of the bear market may be at hand. However, the NASDAQ has further to go on the downside before the market bottom is found.
ARTICLE SYNOPSIS...Technical reasons abound for another countertrend rally.