Saturday, September 26, 2015

1929 Hotel Californication Count

All charts Nasdaq 100






5 waves down off of the FOMC meeting last Thursday and then 50% retracement (retracement doesn't even show up on the daily chart above)
Futures from FOMC last Thursday ('c'), through yesterday's close which almost broke to new lows...
From: http://www.barchart.com/interactive_charts/futures/NQZ15






As it was in Y2K, Nasdaq is leading the Third wave down

The doors just closed on the Hotel Californication