Mini Nasdaq 100 Intraday Quadruple Record High

Since my last update, the Nasdaq managed to push higher, but only by about 11 points. 6425 seems to be the number to beat at this time.  We also have a very small degree quadruple top, which can work like a small diagonal 5th wave., or another ending diagonal.

On other indices, this exact same impulse did not happen, and a diagonal wave must be used. This has happened many times before, but at this small scale nobody will notice or even care. 

What it can mean is another potential correction is coming, but how big of a correction is uncertain at this time.  This market has dipped many times before, so we need a substantial correction, for the markets to not have enough time to make another record high in 2017. 

That point of no return may be at the 6000 price level, which is off the charts above.   The previous little 4th wave just will not be deep enough to make a difference. 

The SP500 is pushing higher, so it would not surprise me if the Nasdaq added on another record peak. 

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