SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (31090)2/14/2002 9:10:48 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
Right now the NQ's are poised to open at the top of that wiggle triangle it was in all yesterday. That would complete the 'd' up and we would drain immediately for the 'e' before a decent push arises. IMO.



To: AllansAlias who wrote (31090)2/14/2002 10:08:27 AM
From: Moominoid  Respond to of 209892
 
it is much more likely that we have an ending diagonal beginning from your 'iv' label.

The 5-3 formations rule out the ED really....

The alternative is that it is not an Elliott wedge at all.

According to E-Wave theory everything is e-wave... My correspondent David Wang had abc-x-abc but now there is a whole lot of other stuff beyond that. So I can't really see much else that will fit...

This is normally a very bullish setup.

hmmm let's see.

Looking at weekly stochastics (slow 5,5) on the NDX we have a 3 wave correction from 6 Dec and the stochs are now crossing over at the bottom of the range. That's the kind of thing combined with Elliott that makes me bullish at this juncture.

BWDIK etc.

david



To: AllansAlias who wrote (31090)2/14/2002 10:30:52 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
>>The target for the ED to turn back is around NDX 1507<<

This theory (which I like) is about to be tested.