Ron Jaenisch's  Instablog

Ron Jaenisch
Send Message
A personal student of Dr. Andrews of Median Line fame. Has articles published in several magazines including Stocks and Commodities, Futures and Traders World. For over 10 years has been trading and teaching the Advanced Andrews Course at and
My company:
My blog:
My book:
Advanced Andrews Course Manual
  • Topping Pattern In NASDAQ 0 comments
    Dec 13, 2013 11:00 AM | about stocks: SPY

    (click to enlarge)

    The Nasdaq pattern is one of my favorites.....A Christmas tree. Yes tis the season......But there are actually specific geometric rules for measuring the probable top area.

    Recently the Nasdaq went into the topping area and reversed. It was the last of the three major indices to show a top.

    (click to enlarge)

    Very few people will believe it until the market is in what is referred to as the third wave down, or there is an accelerated first wave down. This could take weeks or even months. ......Stay tuned.

    Disclosure: I am short SPY.

    Stocks: SPY
Back To Ron Jaenisch's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.