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[K Wave]

Anyone notice how similar BTK is acting to NAZ comp final run into March 2000? Big low in Mid October, and then a pull back to 50 day MA near end of January, and then final rampola into March final high. Even the absolute levels are similar... NAZ 2600 area at Oct low, vs 2800 for BTK, then 3700 level for NAZ at end of Jan, vs 3500 level for BTK first week Feb. So perhaps one more big ramp starting very soon in to early March? In order for that to happen, BTK would need to take 3640 level within next few days....and failure to do so might indicate first signs of trouble for BTK longer term....

Edited by K Wave, 09 February 2015 - 12:11 PM.