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Low volume test of NDX highs today


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#1 paulstan

paulstan

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Posted 02 July 2007 - 02:05 PM

Today has the classic setup for a failed retest of the highs, on the NDX. Given all the other major indices are trading substantially below their recent highs, the NDX pushing to a new intraday high on light volume sets up the potential for marking an IT trend change today.