Replies to post #28121 on Short Term Trading Member Forum

[andiron]

russel is in rectangle (flag) consolidation...ready to tip over to abyss below..

[techcharter]

US Market e-wave update

The wave count was premature. I think wave 2c5 started on Wednesday and should last 2 to 3 days. It still looks like an ending diagonal, except for the NDX which will probably test 52 week highs.. THis also clears up the wave count for the Russell 2000


Targets are
Dow Industrials 13500 to 13600
SPX 1508 to 1513
NDX 2050
RUT 805 to 810

[Jerry Olson]

TC

RUT going to ther moon as advertised, your comments here

"The market I'm having the toughest time figuring out is the Russell 2000. wave c does not look motive. Maybe it completed earlier than the other markets."

i said a break of 824 and we're going to all time new highs