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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,185.20
(
-0.41%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
-0.66%
)
Bitcoin
60,233.15
(
-2.22%
)
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techcharter

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techcharter

Re: frankp3 post# 290

Monday, 06/07/2004 10:48:33 PM

Monday, June 07, 2004 10:48:33 PM

Post# of 51804
Frank, so multiple degrees are truncating ?

That would signal a sharp reversal tomorrow.

I've got another count for the NASDAQ.

What if wave 3 of 5 completed today shortly before 2PM, wave 4 of 5 completed shortly after 2 PM, and wave 5 rallied the rest of the day possibly into tomorrow?

Wave lengths for the NASDAQ composite would be wave 1 = 36 pts, wave 3 = 25 pts, and wave 5 = 16 pts. Notice how they are the squares of 6, 5, and 4. There is always some mathemagical relationship among the waves.

http://clearstation.etrade.com/cgi-bin/intra?tic=2-day&cs=&ci=None&Symbol1=_COMPX&i1...
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