Impulse waves and extensions with example of nasdaq

TVC:NDX   NASDAQ 100 Index
Impulse waves also comes in many varieties such as first wave and 5th wave extensions apart from impulse waves where 3rd wave is extended. There's a brief summary of this concept in this video.

@8:00 please consider it as 15400 and not as 5400


@ 3:00 min please take it as wave 4 and not wave 3, it was mistakenly uttered.