NASDAQ Waves - In correction - Where to next?

4 באוג׳ 2020

Clearly in a corrective wave sequence. Last time I saw this was right before the S&P 500 made a 7% drop a while back.

Question is where to next?

• More sideways at current level for a day or two, then something
  
• Moderate correction with more sideways waiting on stimulus before making a move
  
• Moderate correction with new motive wave to bubble to the market to the moon
  
• Larger correction then a strong 3 wave to new ATH before something more serious