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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (17476)10/22/2001 2:01:17 PM
From: AllansAlias  Read Replies (1) of 209892
 
Taking a look at the wiggles on the 5min chart for NQ/NDX, we have a possible completed 'b' here as we have done a well-formed a/b/c (dn/up/dn) off the top. [short-term bulls would have bought that last wee dive]

We are in jello and I am not doing anything here on the futures. This may only have seen the a/b/c down of the 'a' of a 'flat' in the wider timeframes. Just too many possibilities to choose from when we're in jello. It is in the world to whip traders.
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