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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: wmwmw who wrote (6126)5/13/2005 3:16:11 PM
From: GROUND ZERO™  Read Replies (1) of 12411
 
Okay, with the NQ, prices broke through the up spiral three days ago...

Place the center of the spiral on 4/8 and the floor on 4/29, it broke through and momentum kept it moving... I can expect to see the NQ begin to sell off also... notice, if you place the spiral as suggested, the wall also touches the high on 2/15 of this year, therefore, I suspect today is the high for the NQ rally... we'll see, I haven't worked with the NQ, so, we'll see how it behaves...

charts3.barchart.com

GZ
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