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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: venividivici who wrote (4810)3/16/2006 4:21:43 PM
From: the-phoenix  Read Replies (3) of 41464
 
Bear counts in tech live. With SOX taking out Monday's lows already, it looks like the correction there is over. That index looks very poor from an ewave perspective. BTK also put in a shallow triangle correction off last week's low and broke lower today. NDX can't be far behind, IMHO.

As for SPX and INDU, they are in throwover territory on the Ending Diagonals, but not yet what I would consider clear "hounds". They need to reverse right here, though.

Next couple days will likely tell much. I'm on pins and needles, here.
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