Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

Nasdaq weekly appears to be working on completing the handle of a Cw/H (lip around 2153 from 1/02), though the timeframe here is a bit long for a Cw/H. If it played out, projected target would be around 3200. Wouldn't that be nice!

On the daily, the handle of the above-mentioned Cw/H may turn into another, smaller Cw/H, with a potential target of 2427ish. In the meantime, we had a pullback today and a bearish belthold candle at Resistance (the upper falling t/l of the Desc.Triangle), which would tend to indicate yesterday was the top for this move. A close above this candle would indicate the up move would continue and would be an upside b/o from the triangle.

On the other hand, the NDX on the Daily has already broken above its upper falling t/l, and ended the day at the intersection of that t/l and the lower t/l of the recent up channel, also with a bearish belthold candle and the same potential Cw/Hs.

Just some late-night ruminations on a boring evening, worth exactly what you paid for them. LOL

N2B