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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: rayrohn who wrote (8559)9/11/2008 10:54:29 PM
From: skinowski  Read Replies (1) of 41420
 
Good work, good wiggle stuff.

Looking at Q's / NDX it looks like this bounce is likely to be Wave 4 of the decline which started on August 15. If that's the case, there ought to be more down action before this leg of the decline is over.

OTOH, $XMI looks on the verge of breaking out towards new recovery highs. Go figure.

SPX 1275-ish looks like a somewhat important R.
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