InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: None

Tuesday, 11/01/2016 7:29:42 PM

Tuesday, November 01, 2016 7:29:42 PM

Post# of 51776
NDX - TIIIIIIM-BERRRRRRRR

The NDX traced out a Wave IV triangle from July 2015 until June 2015. Wave V counts as an ending diagonal. Today's intraday low completely retraced Wave V. The probability is VERY high that the rally out of the 2009 low has completed.

Other US markets, (INDU, SPX, WLSH) look like they were forming ending diagonals and truncated on October 24th.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.