look for a close in/around 4106 on NASDAQ tomorrow …equality of TIME and PRICE

IF, we can get a close tomorrow in/around 4106 on the NASDAQ THEN we have an equality “square out” of price and time … 4106 PRICE and 4106 calendar days is the “reason” we are banging around this area of the NAZZIE.  the LOW TIME squares out the HIGH PRICE.  Just keep an eye on it …also, some MAJOR resistance that is coming from the all time low in 1974.

REMEMBER – this doesn’t have to happen.  It’s just another tool and something to be aware of … combined w/ multiple confirmations PRICE and TIME square outs can be pretty powerful.  Let’s watch price action this week …

4106 PRICE and TIME

4106 PRICE and TIME

long tern LOG trendline

long tern LOG trendline

One Comment on “look for a close in/around 4106 on NASDAQ tomorrow …equality of TIME and PRICE

  1. Pingback: first the NAZZIE then the S&P – a warning | Bart's Charts

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