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NDX in the lead. Dow and Dax lagging.


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#1 milantrader

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Posted 10 March 2018 - 09:12 AM

http://www.traderscr...dex.php?p=intra



#2 SemiBizz

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Posted 10 March 2018 - 10:08 AM

To be even more specific...

 

SOX is in the far front of the pack...

 

Check it out.


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#3 Waver

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Posted 10 March 2018 - 10:50 AM

SemiBizz
SOX usually leads the way?

#4 SemiBizz

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Posted 10 March 2018 - 10:55 AM

I try never to indulge in "usually"...zipped.gif

 

So, if we look at the bear market...

 

It was the SOX and the BKX (banks) that lagged the market...

 

They were the last to test their highs too on the long way back from the 3/2009 beginning of the bull market... in fact BKX isn't there quite yet, so there's still something to do there.

 

During the Runup in the 2009-2018 bull market we had the DJT and the RUT that led us higher...


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#5 ryanoo

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Posted 10 March 2018 - 02:33 PM

I try never to indulge in "usually"...zipped.gif

 

So, if we look at the bear market...

 

It was the SOX and the BKX (banks) that lagged the market...

 

They were the last to test their highs too on the long way back from the 3/2009 beginning of the bull market... in fact BKX isn't there quite yet, so there's still something to do there.

 

During the Runup in the 2009-2018 bull market we had the DJT and the RUT that led us higher...

Are you sensing that the market leadership is being transferred from DJT & RUT to SOX & BKX?



#6 SemiBizz

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Posted 10 March 2018 - 03:22 PM

Actually that happened a long time ago...

 

DJT really got a smack down and is limping it's way back to the high...

 

RUT is only lagging...

 

The next index all time high to watch is BKX around 121....

 

SOX busted out and running....


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1