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NDX rotting from the inside


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#1 K Wave

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Posted 17 August 2018 - 09:56 AM

while AAPL still looks shiny on the outside.

 

BPNDX gets worse and worse....

 

IF/WHEN AAPL finally caves, NDX could get very ugly.....

 

AMZN also super extended, and appears to be starting to struggle to go much higher....I thought they might push it to 2K, but 1925 mighta been it...

 

23% of the index between those 2....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2 diogenes227

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Posted 20 August 2018 - 01:35 AM

Was going to take note of this today but didn't have time and now I see you've nailed.

 

AAPL stands alone.

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

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#3 fib_1618

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Posted 20 August 2018 - 06:52 AM


Better to ignore me than abhor me.

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"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#4 bln

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Posted 21 August 2018 - 02:53 AM

Look like stealth correction of breadth to me. Breadth is undergoing a correction while price is not.. could lead to a strong bullish outcome if breadth reverses.