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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: the-phoenix who wrote (367)3/1/2003 12:54:30 PM
From: John Madarasz  Read Replies (4) | Respond to of 941
 
QQQ ... One to watch here

boomspeed.com

Again, this is not my stuff, but I like this guys work, and post occasionally with his permission.



To: the-phoenix who wrote (367)3/1/2003 1:29:52 PM
From: ajtj99  Read Replies (1) | Respond to of 941
 
While the daily TNX appears to have bottomed or will bottom in a day or two (Actually, it looks similar to the Sept. 24 low:

stockcharts.com[h,a]daclyyay[pc10!c20!d20,2!a37.55][vc60][ilb14!lp14,3,3!ll14!la12,26,9!lh5,5!li10,10!lb14][J8208392,Y]&pref=G

The weekly is still pointing down:

stockcharts.com[h,a]waclyyay[pc10!c20!d20,2!a37.55][vc60][iLb14!Lp14,3,3!Ll14!La12,26,9!Lh5,5!Li10,10!Lb14][J8208392,Y]&pref=G

The monthly has not quite hit bottom yet:

stockcharts.com[h,a]maclyyay[pc10!c20!d20,2!a37.55][vc60][iLb14!Lp14,3,3!Ll14!La12,26,9!Lh5,5!Li10,10!Lb14][J8208392,Y]&pref=G

I'm looking at April 4 as a sweet spot for a TNX low around 3.20 to 3.40 based on the T/A targets I've been watching. 15-year mortgages could be 4.5% for a day or two if that happens.



To: the-phoenix who wrote (367)3/4/2003 8:33:00 PM
From: the-phoenix  Respond to of 941
 
TNX in the Reversal Zone of the Bullish Butterfly as the Dollar breaks to new lows today. Assuming a Bond Selloff/Yield Rally, will we see a corresponding equity rally here as well?

The Bullish Gartleys in the indexes are still holding on.

Anything can happen, here.