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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (23750)3/31/2025 6:07:01 PM
From: Hank Scorpio  Read Replies (1) | Respond to of 26408
 
This is what I've been thinking too. Thanks very much. Need a strong up day to change my thinking about a further correction.



To: #Breeze who wrote (23750)3/31/2025 6:51:25 PM
From: Kirk ©3 Recommendations

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berniel
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SGJ

  Read Replies (1) | Respond to of 26408
 
Fish or cut bait time...

Hold here as a test of the March 13th low or....
In an expanded WXY, Wave Y typically equals 161.8% of W's decline in this case at 5,254. Another measure is in a ABC decline, Wave C's decline equals Wave A's decline or in this case at 5,145.


Next support level is the March/April 2024 high from a year ago that would be close to your 5254 I think...




To: #Breeze who wrote (23750)3/31/2025 7:11:07 PM
From: #Breeze5 Recommendations

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Kirk ©
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sixty2nds
Sonali
toccodolce

  Respond to of 26408
 
NASDAQ Composite Index Wave Count Update. Intermediate Wave (4) unfolded as an expanded (A),(B),(C). In an expanded ABC, Wave C typically equals 161.8% of Wave A's decline. In this case at 15,417. Another measure is that Wave 5 of (C) equals 61.8% of the gain from the start of Wave 1 to the end of Wave 3 or 16,447. (see Fibonacci extension ruler on chart). Breeze




To: #Breeze who wrote (23750)4/4/2025 8:37:24 AM
From: SGJ  Respond to of 26408
 
Came close to the 100% Fibo retrace premarket The 4 may be done.