NASDAQ COMPOSITE UPDATE

NASDAQ;COMPOSITE; finally have achieved our target of 12,800 yesterday,
We reviewed it on 13th,OCTOBER we also projected max time limit till 27th,OCTOBER to get towards 12,800.
We have seen a brutal decline here in past few days and unfortunately there are no signs yet for a major turn around.
As per CYCLES 19th,OCTOBER was PRICE and TIME SQUARE DATE here as long as INDEX stays under it we could only get temporary lows which wont hold beyond few days.
MEDIUM TERM trend is certainly down.
For short term its overstretched.
Our next targets on downside would be 12,477 and 12100 but that would take time, INDEX might attempt some recovery from tomorrow,
27th is a turn date here,
Let’s see.