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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: the-phoenix who wrote (3292)6/24/2003 9:16:08 AM
From: JRI  Read Replies (1) | Respond to of 41500
 
What level are you talking about phenix?



To: the-phoenix who wrote (3292)6/24/2003 1:47:46 PM
From: At_The_Ask  Read Replies (1) | Respond to of 41500
 
4 of 3 of one less degree. So somewhere in the neighborhood of the top of 3 to the low of the 4 of 3.

If we count this as a 4 the obvious end of 3-3 is much lower. Like on the ndx I figure it's around 1125. I count the correction that ended around the 19th of may as the low of 4 of 3. This makes the fifth of three kind of an extension which are suposedly retraced all the way back to the 2 of the extended fifth, also around 1125. I'm not sure if that rule will apply to an extended fifth in a third wave but I guess we will see.