The NASDAQ always seems to sport wonderful waves. One reason I have my overall SPX count the way I do is because it aligns very well with the NASDAQ.
The last ascending triangle has not been backtested and there is a very good chance that that happens first thing this week. We'll know very soon on Monday. If it backtests, I have it as a B wave expanded flat. The back test needs to hold for a B wave low (if the move down happens) and then 1 more 5 wave move to P2 peak.
The Nasdaq was 10 points shy of its 38% Fibonacci retrace spot of the entire bear move from Oct 2007 peak. If another move to peak happens and it attains 2000, that would be a 46% retrace, not bad for a wave 2. Overall its a strong reason P2's price peak may have been reached at that mark.