AMZN is testing the initial PRZ (Potential Reversal Zone aka a harmonic pattern’s completion zone) level at 377.99. Probability wise this sets up for a stall or pullback. How much this pulls back is key. Inside the world of harmonics, … Continue reading
Tag Archives: NDX
NDX Attempting to Retrace Bullish Gartley
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NDX has recognized a day chart’s Bullish Gartley and is attempting to go into retracement mode with the ideal minimum target at 3580.38. If price can get there and what happens at that price tells a story of probability and … Continue reading
NDX Testing ABCD Extended Target
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The NASDAQ 100 Index is testing the ABCD 161.8% target at 3671.04. How much, if any, retracement from here is important. A shallow retracement implies a stall or upside continuation. A retracement below the GRZ (Golden Ratio Zone) implies an … Continue reading