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


To: skinowski who wrote (4586)2/8/2006 8:50:12 AM
From: venividivici  Read Replies (2) | Respond to of 41474
 
Taking this latest move down as a completed iii of either 1 or C (still leaning C, in the spirit of my conservate bearishness), some retrace points on the QQQQ would take us to between 41.07 and 41.26 for our iv. From there, another marginal new low under yesterday's low should result.

Overlap with the i would come around 41.70, so any move up that high would mean that it wasn't the iii that just finished, but the v, I suppose.