NDX Wave (4) Complete?

Posted: under Predictions, Stocks.

In the Nasdaq-100, Friday’s rally and today’s surge can be counted as waves A and C of a (slightly expanded) flat correction, implying either a stunning reversal lower tomorrow in wave 5, or more likely this is only wave A of a more complex wave (4) which will drag out for a week or more.
Possible Wave (4) Count, March 10th, 2009 - Click To Enlarge

Possible Wave (4) Count, March 10th, 2009 – Click Chart To Enlarge

Comments (0) Mar 10 2009