Nasdaq - Crash is coming?

US stock market wiped out $1.1 trillion. Is the bull run since Oct 2023 had come to an end?

Today's analysis is going to be short and sweet. But first, let’s see what is inside;

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• Both wave structures suggest the trend is not over yet.

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#1 structure

I’m unsure if the entire run since October 2023 has been completed.

We had a strong 2 weeks selloff consecutively

I think we shall see 1 more leg up to complete the ending-diagonal (Dashed channel) before the trend ends.

#2 Structure

Here is an alternative way to look at Nasdaq.