MDA - Market Direction Analysis

[augieboo]

Here's another question for you. Could the Naz action today be a throwover? Notice how wave four goes sideways?



Here's an idealized graphic of what that's supposed to look like that I snatched from elliottwave intl. The graphic pertains to an uptrend, but I think it still works.



BTW, I found your illegal "five" all by myself. Of course, it helps that I have Frost & Prechter open on my lap all day. {G}


MDA Thread #board-1320
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Trading Info #board-1220
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