The 02/22/26 blog “NYSE Composite – Elliott Wave Count – 02/20/26” noted.
“An Elliott wave – Ending Diagonal Triangle (EDT) from the bottom made on 02/13/26 could be forming. Frequently EDT’s end with a brief throwover of the trendline connecting the termination points of the first and third waves.
This could happen shortly after the open of regular trading at 9:30 – AM – EDT on 02/23/26”.
The NYSE Composite (NYA) 15 – minute chart courtesy of Trading View shows what happened.
On 02/23/26 shortly after 9:30 – AM – EDT – NYA moved about a point above the rising trendline then had a sharp decline. There’s a high probability the Ending Diagonal Triangle from the 02/13/26 bottom is complete.
If so, the NYA could be in the early phase of a multi-week decline back to the bottom made on 11/20/25, approximately 10%.
Four Dimension Trading 