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.
Friday, January 2, 2009
Now we know what the crossover was meant to do on the $NDX...
The crossover, on 12/29/08 corresponded with a recent low on $NDX, right at the dark blue ascending trendline...Normally I've seen trendline bounces associated with reaching a time node, but this is the first time I've noticed one associated with reaching the timeframe of a crossover...But certainly it's not a totally unreasonable outcome...
The top picture is a "blow-up" of part of the bottom picture...
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