We do market cycle based analysis and we use a lot of Elliot counting waves, which is one of the best stock trading theories you can find out there - just check out Elliot Wave International -the biggest analysis investment firm in the world that is based on this theory.
So what are we looking at ? NASDAQ 5th wave is going to be a nice one and it will break 11800 as i am writing this !
all explanation on Elliot wave theory and its rules are here feel free to ask me for more info im trading this theory since 2012 and its increadble !!
Trade Safe !