Taking the drop from 6/5/08 to 6/12/08 as a possible "A" wave and 6/12 to 6/17 as a possible little "B" wave, you could project a small "C" wave ending at 1847.19 on the $NDX at the "A" = "C" point. I have extended the exponential charts to Monday, the 30th of June, to show what that would look like....Because the last day of a month and the first two days of a month have a historic bullish bias, and that the 1847 target happens to be the bottom of a Gap created on April 17th and 18th, and my Exponential chart shows it clearly hitting a major trendline (the downsloping heavy blue one), there is a lot of Justification for a bounce there. We'll wait and see...
P.S. Watch $TRIN and the Put/call ratios, if one or both are extremely high as we approach 1850, that's your signal....
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