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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Shack who wrote (3290)6/24/2003 8:45:53 AM
From: the-phoenix  Read Replies (2) of 41500
 
Isn't there some EW rule about buying at the top of the iii of 3 in a 4 wave pullback, or did I just make that up? Anyway, that looks like the spot here on the NDX - will give us a test of 50 day MA support, is right at the .618 retrace of the v of 3, an A=C in the 4, and will test those lower trendlines that you are looking to see touched or challenged.

It will also complete a Bullish Gartley at that A=C and .618 retrace of the v of 3.
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