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Non-Tech : Kirk's Market Thoughts

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To: jwoodsPM99 who wrote (26701)	12/6/2025 9:40:14 AM
From: #Breeze	5 Recommendations of 26782

jw, here's a NDX Big Picture Wave Count - all data. Primary (circle) 1 is in play with a target of 29,800. Once it's complete, Primary (circle) 2 will experience a % retracement of the gain from the end of Cycle Wave IV to the completion of Primary (circle) 1. Typically it's a 61.8% retracement. Also, Cycle I lasted 171 Months, Cycle III lasted 159 Months. Cycle V is in its 33 Month. The XLK was launched in Dec 1998. I mirrored its wave count with the NDX. However, I mislabeled the Wave V on the XLK chart. I should have labeled it as a Primary (circle) 1. Breeze

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