Steve Griffiths
04-18-2006, 12:21 PM
Hi Everybody,
Here is one chart that I forgot to include in today report (not enough time or space :) ).
See how the recent decline has unfolded as a "manual" 3-swing ABC on this 60-min NQ Chart. Not perfect, but still pretty clean swings. Notice how the reversal (yesterday's low) was right at the minimum Wave C WPT support zone, where a blue (buy) bar unfolded.
This combined with the position of the daily Dow Jones helped anticipate today's rally.............
Steve
Here is one chart that I forgot to include in today report (not enough time or space :) ).
See how the recent decline has unfolded as a "manual" 3-swing ABC on this 60-min NQ Chart. Not perfect, but still pretty clean swings. Notice how the reversal (yesterday's low) was right at the minimum Wave C WPT support zone, where a blue (buy) bar unfolded.
This combined with the position of the daily Dow Jones helped anticipate today's rally.............
Steve