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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject	3/3/2003 3:37:51 AM
From: J_K	of 209892

NDX E-Wave update: wallstreet-online.de; The rise to the forecasted target at 1.040 took significantly longer than expected. Despite that the chartpatterns stay "fiendly" and the scenario is still the same (see last week`s update). Short term: Ideally Onischka expects the following development: On Monday after a top the NDX should break 1.000 and descend to 970. In the second half on the weed a rise to 1.030+. If 1.000 holds a direct move to 1.035 (without down move to 970) should be possible. An adjustment regarding these moves will be made after Monday and Tuesday. As mentioned several times a significant break of 1.040 clearly improves the chart situation. E-Wave analysis form Onischka on some other indexes: IIX: wallstreet-online.de; SOX and IXTC: wallstreet-online.de; XAU/Gold: wallstreet-online.de; Euro/Yen: wallstreet-online.de; S&P500: wallstreet-online.de; DAX: wallstreet-online.de; Regards, JK

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