You can see here the negative divergence on the Nasdaq breadth indicator $NASI compared to the $NDX, shown by the dashed, thick black line, and the two recent node hits given by the vertical red dashed lines on 12/28/09 and 1/08/10, and also all of the recent places where RSI on this breadth indicator peaked. These were usually at least short term tops. Though that's true, today didn't resolve anything...
1 comment:
It you wait you will miss the boat.
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