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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: At_The_Ask who started this subject3/13/2003 4:50:35 AM
From: J_K  Read Replies (1) of 41447
 
NDX E-Wave update:

wallstreet-online.de;

Yesterday at the beginning the NDX moved above 962 (false break) and move lower to reach the significant low of 947 (trend change).

With yesterdays development the trading of the last days assembles to a reasonable chart pattern: Onischka counts the descent to yesterdays low as double zig-zag.

The chances are good that the NDX could rise significantly. To make that happen the index must not fall below 956 (960). Upside targets are 979 and 984 (later: 993/994).
A break of 956 could lead down to 930+.

Feedback: Mathias Onischka (elliott@gmx.net)

Regards,
JK
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