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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: the-phoenix who wrote (4630)2/15/2006 9:08:49 PM
From: venividivici  Read Replies (1) of 41496
 
NDX still looks like it's correcting. We hit the 50% retrace of the move from 1717 to 1637 today and it looks like we'll be heading for the 61.8% retrace at 1687. I suspect that we turn down there, at the latest.

That said, I'm also on the lookout for a breakout to the upside if we power through that 61.8% retrace on good volume.

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