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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: the-phoenix who wrote (4830)3/23/2006 10:14:32 PM
From: venividivici  Read Replies (1) of 41617
 
I agree that's the count. While I'm not going to try catching the last penny to the upside, it is possible we retrace a bit more up. QQQQ retrace levels I'm watching.

38.2% 41.27
50.0% 41.42
61.8% 41.56
78.6% 41.76

It could be that we head up a bit more tomorrow before the iii down starts. Alternatively, we could be in a 4 of i of C down, given today's action. If we turn down at the 38.2 retrace, I'd say the 4 of i of C is more likely than the ii of C.
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