The previous Nasdaq Micro 2 count was bullish but invalidated. In line with my post regarding the NYSE composite, this count suggests an expanding diagonal for wave 1. I'm not particularly a fan of this count but a contracting diagonal leaves a 3rd wave that is too short. Admittedly, the proportions do not seem correct but it is legal. So until we see more convincing structure, … [Read more...] about Nasdaq Micro 2 Count, A New Idea.