Replies to post #38116 on ajtj99's Market Pulse

[ajtj99]

Yeah, I've got a pretty decent plan, and it's been working, so I didn't want to mess the plan.

Looking at the charts, I think this plays out similar to the Oct. 12-18 period on the NDX 60-minute:

http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[a,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!a...

We'd get a slightly higher high at maybe NDX 1612, then drop to re-test today's lows, then move up to re-test the 1612 NDX area, then drop to end the correction off the 1633 highs.
Anyway, I'm looking for something like that right now on a quick look at the charts.