50% short tonight, 70% bearish.
Positive day link.
Time for Nasdaq to play catchup?
The ADX on the NAMO acts a lot like UFO's chart:
http://stockcharts.com/c-sc/sc?s=$NAMO&p=D&yr=1&mn=0&dy=0&i=p62728857858&a=21967116&r=3616.png
2 to 1 up day on NAZ. Breakout coming?
Started by
Rogerdodger
, May 21 2007 09:52 PM
3 replies to this topic
#2
Posted 21 May 2007 - 10:14 PM
Sometimes the crowd is correct.
NONE of what I type should be taken as financial advice.
#4
Posted 22 May 2007 - 06:02 AM
The problem is instead of a brakout it suddenly retreated just beneath that breakout point. If it could not break out yesterday it's unlikely able to do it today.
Edited by redfoliage2, 22 May 2007 - 06:10 AM.