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Have we seen the high on the NDX for the next 6 months?


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#1 ken29

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Posted 18 January 2007 - 02:33 PM

With the NDX momentum topped out in Nov 2006, was last week's high on the NDX marked the high for the next 6 months? Will NDX takes out the July 2006 low and gives us a delayed 4 year cycle low in Q2? :unsure:

#2 fib_1618

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Posted 18 January 2007 - 03:06 PM

With the NDX momentum topped out in Nov 2006, was last week's high on the NDX marked the high for the next 6 months?

No.

Will NDX takes out the July 2006 low and gives us a delayed 4 year cycle low in Q2?

No.

Clues: Check the TRINQ and tomorrows date.

It just feels worse than it is.

Fib

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