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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (4436)12/23/2005 11:42:45 AM
From: the-phoenix  Read Replies (1) of 41558
 
Since you're still around today, I thought I would point out that NDX overlapped the '1' down from the Dec. 13 high this morning, ruling out the wave up the last few days as a '4' of a '1'. But, we also have overlap now of Wednesday's high, so that wave can't be an impulse either.

So what the heck is it? Is it a '1' of '5' in three waves, giving us a hint about what wave 5 will turn out to be??

Or was/is it a '2' of a new downtrend?

I think we have seen the high of day, but, if we get another wiggle high today, it is probably a good short ('e' of a triangle 2).
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