tooearly re NCEN: <<the 200 dma should provide a bounce here as could fibos fwiw. not many gaps on the way up as well. >>
Yes, the chart looks like a nice uptrend, and that's why I want someone to look at the chart from an E-wave perspective, cuz to me it looks like it could be a complete correction and therefore, no matter how nice it looks now, it's on the way to new lows. As you probably are aware, NCEN doesn't necessarily move with the broad market, so it could do whatever the heck it wants, regardless. Still, if my read is right, there's a good r:r short coming up, cuz it coulda just started a 5 wave move down, and one might easily catch a full on wave 3. Where's that Shack or AA fellow to make fun of my e-reading ability???
the freep |
