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Strategies & Market Trends : Classic TA Workplace

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To: TimeToMakeTheInvs who wrote (27405)1/10/2002 12:20:43 PM
From: At_The_Ask  Read Replies (1) of 209892
 
Here is Onishkas count from yesterday. Looks like he nailed it. I am in agreement with him on this up being corrective. with a C down to follow. The high on Dec. 5th being the beginning of A the beginning of B was on the 20th which we have just completed.

wallstreet-online.de

I translated some of the text, but wont bother with the whole thing.

The session of yesterday actually brought to the Nasdaq no new realizations. Neither the Chartmarke with 1.635 nor 1,682 was broken through. Therefore new trend signals are not present. Nothing the defiance must be analysed the trend of prices of yesterday as easily bullisch. The reason is quite simple. Outgoing from the highhigh high at scarcely 1,700 points correction samples are to be only constituted in the Intraday Chart. This is usually a clear note for the fact that afterwards the upward trend is continued. This scenario fits also in the past, very short term wave COUNTS: With the high on passed Friday the terminator point of the mini Wave iii. was identified by c... Thus still another complete Wave iv ' and v ' is missing. only if this Subwaves is trained, can it to a change of trend come. Alternatively still a failure Five with the on Mondays high is possible. The small trend dynamics of the passed hours speak however against this possibility
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