Nasdaq Composite P&F count calls for 10,000 and above!1999 POINT AND FIGURE ANALOG
2,225 count line + (39 boxes*3 reversal*25 box size)=5,150
Actual intraday high reached on March 10, 2000 = 5,132
CURRENT POINT AND FIGURE CHART
Campaign segment #1 target:
7,360 count line + (11 boxes*3 reversal *80 box size)=10,000
Campaign Segment #2 Target:
6,242 count line + (42 boxes *3 reversal *80 boxes)=16,232
Box size is defined as 1% of price movement at the time of a consolidation
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