Replies to post #101593 on ajtj99's Market Pulse

[ajtj99]

Further to that last post, after a double top, the COMP/NDX should drop to the .618 re-trace over a 3-week period, which would be likely in the end of April for those 2418 COMP and 1764 NDX levels to be hit, with us getting close the week of expiration.

[Z-M-L]

AJTJ,

On the contrary, the current pattern in the COMP suggests a severe SELL-OFF dead ahead.

All The Best To You!

AI

[n83]

aj what do gaps from 6-7 yrs back have any significance now (anymore)? i mean no one is sitting w positions from back then waiting to sell or that these are areas of support/resistance..all those posns imo were liquidated along the way and that is the reason naz went to 1100 in '02