The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Thursday, April 17, 2008
Which trendline will get hit first?
To my way of thinking, either the lower red trendline or the lower blue trendline is the next target. Really, probably red for now...
Hi Mark, Intereting, as allways. I think there is approx. -10% between NDX 4/18 and the blue support. Earlier you talked about a bottom around 4/29 (Bradley).Do you still see it as a realistic scenario or will change the timeframe? best rgrds cezafi
Hi Cezarfi, Today is options expiration and Google will have an impact on the market today, It will provide quite a boost to the Nasdaq in particular. Things change only if we go above the April 9th high.. In fact that could change things a lot, we'll see..
2 comments:
Hi Mark,
Intereting, as allways. I think there is approx. -10% between NDX 4/18 and the blue support. Earlier you talked about a bottom around 4/29 (Bradley).Do you still see it as a realistic scenario or will change the timeframe?
best rgrds
cezafi
Hi Cezarfi,
Today is options expiration and Google will have an impact on the market today, It will provide quite a boost to the Nasdaq in particular. Things change only if we go above the April 9th high.. In fact that could change things a lot, we'll see..
Regards,
Mark L.
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