2020 NASDAQ IXIC - Elliott Waves - Downside Targets
Statistical likelihood of each retracement based on Wave 4 assumption:
Page 10 - astrocycle.net/PDF/WaveRatios.pdf
2020 downside targets on NASDAQ IXIC based on:
Page 10 - astrocycle.net/PDF/WaveRatios.pdf
- 60% likely - TP1 is the less bearish outcome and quick rebound.
- 60% likely - TP2 is the more bearish outcome and longer rebound.
- 15% likely - TP3 is the most bearish outcome and much longer rebound.
2020 downside targets on NASDAQ IXIC based on:
- Retracement since start of run in 2012
- Pitchfork since 1995
- Trend-based Fib extension from first drop after COVID