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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (811)4/25/2001 10:11:35 AM
From: Perspective  Read Replies (2) of 209892
 
Yep, I think those are both reasonable targets. E-wave also says the top of the prior 4 is likely, which would be yesterday morning's failure at 2100.

[EDIT: AA's point about the declining TL is valid - if "b" is a zig-zag up, the first leg might terminate on the declining TL. The third leg might die out around the 2100 high yesterday AM.

BC
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