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

To: the-phoenix who wrote (4441)	12/23/2005 12:59:03 PM
From: skinowski	Read Replies (1) \| Respond to of 41551

It's true, they overlap in the non-tech. I do not look for all the indices to form the same patterns. For instance, one can trace out an ED, while the others can be in a triangle/fifth formation.... which, if you think about it, reflect very similar psychology. So, for now I like the ED in SPX and some sort of a more complex formation on NDX... maybe a "double three" with a C ending on dec 20 or the next day... Right now, just looking at NDX on 30 min, it looks an awful lot like a wedge off the recent lows... which would not be bullish short term. The thing is always fun, no? A puzzle with moving parts... -g