simple NDX daily

a 3-day trend is in place, counting today's unfinished daily candle

2 candle closes below 1902.9 horizontal

note the candle close trend -

http://stockcharts.com/h-sc/ui?s=$NDX...id=p80932380070

premkt QQQQ high is 46.61 on the durable goods orders positive surprise.

now trading 46.34, below the 8-week ema, below the daily 34 and 50 ema's. 46.43 is Tuesday's close.

Edited by hiker, 27 August 2008 - 08:56 AM.

note the 200day sma

http://stockcharts.com/h-sc/ui?s=$NDX...id=p41903701332

fwiw, the bottom of the late June filled gap is about where today's high resides (barely below the gap bottom)