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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (35400)11/11/2000 4:04:26 PM
From: Stcgg  Read Replies (1) | Respond to of 42787
 
Ray..................

My wave counts for NDX/NAZ..

The March top began wave 1 down (bear mkt), this completed a 5 wave decline to the May lows.. From there we saw a wave 2 abc formation completed on Sep 1st.. We are in wave 3 now, wave 3-3 completed the Oct 18th low and a wave 3-4 was another abc wave that ended at the previous high, now we are in wave3-5 down to a lower low than Oct 18th to complete the impulse wave down for wave 3.. Once we put in the lower low which I expect to end around 2500-2700, we can expect a wave 4 counter-trend rally with resistance around 3500, then the ultimate 5th wave down which should end around the 1800-2000 area, imo..

I'm confidant of a downward resolution to the DT showing in the NDX to complete the pattern.. We have a cycle low on NAZ/NDX on 11/17 +/- 2 days..

stockcharts.com[L,A]DECAYIMY[DD][PB200!B50][VC60][ILO14!LF]

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