Stock, Option and Futures Trading
NQ Symmetry .382
July 14, 2011
We noted the symmetry is .382 on this blog.
Click here for that post http://eminischool.blogspot.com/2011/07/isrgcmgamzn-options.html
If you look at the chart above it is the daily chart and we are now hitting the .382 off the last move up. This means that we are still in the symmetry of the prior waves on the weekly chart. We are taking the weekly symmetry and then using it on the daily chart.
***We are hitting the symmetry support AT a timing window. Tomorrow should be interesting.