NDX tech update- general market update

As expected the gap turned out to be a resistance and we are heading now in a minor downwave on a daily 9 count. The other factor which proved to be helpful is the Mercury - Saturn opposition as a short term market turner. As we are heading now to a difficult New Moon on Thursday we should have more setback or consolidation activity after a 200 point rally we might easily give back 38% and test the lows of last week before turning back up to make new highs and test the 1290/1300 resistance. The difference of this rally compared to Nov. are plenty as this comes from a bullish divergence and has finished weekly 13 counts to turn around which gives much more power to the whole move. This one is comparable to the big rally in 1880 Nikkei or 1830 DOW and could reach a magnitude of up to 50% from the low. The bullish divergence is not valid for the NDX though - that made a positive intermarket divergence proving that this is the year of TECH ( Jupiter in Aquarius).