IXIC
I think Nasdaq composite is in XX Wave right now. No one can predict this wave how long it will be what kind of structure will unfold in this structure.
Two Possibilities: -
1] It's in control range within main range. where price retest at resistance of control range.
So, maybe price will go near 13500/- for retest and then go up near 13800/-
After 13800/- price will go below 13000/- for completion of Wave Z.
2] Price will go straight from here to 13800 and then will go near 13000/- for completion of Wave Z.
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