Did the Nasdaq run over my idea of an expanded flat?

I'd been harboring an alternative Elliott Wave idea of an expanded flat for the Nasdaq (NDX and $COMPQ), but the Nasdaq indices went above the 1.382 extension level I'd marked off for that. That movemenet higher earlier this week may have flattened that idea by running right over it! Now, I could step back and point out that the book, "The Elliott Wave Principle" (Frost & Prechter) states that an expanded flat's C wave is commonly at least 1.382 but can extend up to 1.618 the length of its A wave. Apparently R.N. Elliott himself felt that they could go even longer, but the book's authors don't seem to like expanded flat C waves that really extend much more than that. So, perhaps the idea could remain valid, but I cannot consider it particularly confirmed either!

So I will continue to look to Tony Caldaro's Objective Elliott Wave ideas and that includes for Nasdaq. I don't see that he's publicly labeling his daily charts of NDX or $COMPQ Nasdaq composite chart - see below. (Included here by his permission with attribution - and, his Elliott Wave Lives On website with his charts link is always in the sites listed at right.) His Wednesday update (at that site, which you can also locate with his site feed at lower right) indicates that he's thinking a small 4th wave inside the wave C of a zigzag's second wave (the "zag" of a zigzag"), may be finishing and expecting then a 5th wave that would complete the movement, in the SPX, pointing to his 961 pivot. Given that the Nasdaq's indicators showing on his charts (below) still look rather strong, that may put the Nasdaq in a similar place.