In this video, I discuss the potential movement of the Nasdaq 100, focusing on the possibility of a fifth wave that could lead to new all-time highs by the end of the year. I also analyze Fibonacci retracement levels and wave structures, suggesting that if minute wave 4 is still active, the market might move below $23,854.
Additionally, I mention rerunning algorithms to assess the probabilities of the Nasdaq continuing to rise, but I also note that a lower opening on Monday could affect the market's trajectory.
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