More reversal type trading today;
Based on early volume indications.. and the fact Boom Boom speaks to the Senate tomorrow.
Don't be faked out.
IMHO...
Started by
jjc
, Feb 13 2007 07:56 AM
3 replies to this topic
#2
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 13 February 2007 - 08:32 AM
NDX..it's all in the bounce..
http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=1&mn=2&dy=0&i=p73311393009&a=79222312&r=734.png
http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=1&mn=2&dy=0&i=p73311393009&a=79222312&r=734.png
#3
redfoliage2
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- Traders-Talk User
- 18,022 posts
Member
Posted 13 February 2007 - 08:53 AM
Like QQQQ, NDX is also displaying a H&S on the daily.NDX..it's all in the bounce..
http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=1&mn=2&dy=0&i=p73311393009&a=79222312&r=734.png
#4
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 13 February 2007 - 09:07 AM
Like QQQQ, NDX is also displaying a H&S on the daily........
.......
....I'm not seeing it as a head and shoulders....perfect looking diamond to me therefore odds are still about even that it's either a continuation or reversal pattern. In any case...if the Q's and NDX were showing different patterns......I'd think something was very wrong since the Q's is an ETF tracking NDX. But I guess stranger things have happened.
