I really don't even watch the SOX that closely because I trade the NDX and RUT,
but I do still watch the SP and INDU for the total market feel.
For a couple of weeks now the RUT has been running weaker than the NDX on this weekly Chart.
I'm not going to go into a lot of details ...as I've just erased them.... but as of just a few minutes ago the NDX
and the RUT achieved equality for their declines on their weekly charts. -2.10%
Sometimes on a daily basis one can play a spread that needs to come together, with the NDX today this one finally has.
And now that it has the RUT may again,... start to outperform .... to the downside.
Stay tuned for any signal changes to be announced.
Best to all trading today
THE 1m CHART
Edited by Mr Dev, 29 March 2007 - 01:45 PM.
