Nasdaq Short Again (nth time): Fibo Extension Level and 5-waves

Over here, I attempt to short Nasdaq again after another failure yesterday. This time, the 5-waves structure is supported by Fibonacci Extension level at 2.618x sub-wave 1 against entire wave 5 structure.

However, take note the circled area where I pointed out 2 imperfections in the wave structure:
1. Wave 4 overlaps Wave 1
2. Sub-wave 4 overlaps Sub-wave 1 (a comparison with S&P500 increases the odds that it may still be a valid count)

Given the imperfections of the wave counts, we still need to set our stop above the all-time-high to protect ourselves.

Good luck!