

Markets managed a little rally today, based on Fed anxiety and release, and the rally began to fade as the day ended. Put/call ratios quite low, again, consistent with more down trend ahead...Note worthy was that the little dip and rally coincided perfectly with a .500 node on the $NDX, as you can see, however the real trend change more than likely should occur at a node of 1.000 .....
1 comment:
Hi Mark
In agreement again with you--nice
I have been watching and doing a lot of studying with Trin #'s and sequence. It along with a few other things today said to short.
another big one is the one you mention--these take a lot of fear out of making the trade
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