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


To: skinowski who wrote (4829)3/23/2006 7:31:08 PM
From: the-phoenix  Read Replies (2) | Respond to of 41469
 
Well, this market wants to frustrate us as much as possible, I guess. No big 3 down today, but NDX looks poised for such tomorrow. A nearly perfect Bearish Gartley has formed with a target reversal zone right at this morning's highs:
ttrader.com

Basically, an ABC zigzag pattern with very precise fibonacci retracements. In the sub-wiggles, this zigzag or gartley looks like ii of 3 of C.