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


To: skinowski who wrote (4359)12/14/2005 12:00:46 PM
From: the-phoenix  Read Replies (2) | Respond to of 41435
 
If I understand you correctly, you are saying the impulse off Dec. 8 could be the entire Wave 5 of the October rally, versus just Wave 1 of 5. Definitely. It would certainly be long enough in time and price to fit nicely as such.

And the NDX clearly is not in a 3 up today <G/NG>. Rather ugly selloff there since the Fed spike yesterday. However, I can make it a Wave 4 wedge with a throwover, which just regained the wedge and touched the upper trendline.