haven't studied much with waves, tho fooled around with fib retracements here and there. I"ll give more thought to both this year.
on the weekly, snapping a line from the two peaks shows converging lines from 50 ema and the downtrendline, somehwere in the 3300 area. how does this correspond to wave or not at all?
also, on your chart, trying to give it a read here....am i viewing the ndx?,,,,with question mark at d representing which part of wave?...numbers on the right side of chart representative of???...pleez pardon if I am redundant!
on the baby step side, assuming the fact we move higher, let's see what happens to the major 3k hurdle! |