With narrow breadth, we show here the high of today and the close plotted for the $NDX. This is what rally failures typically look like...Watch the futures tomarrow morning for additional confirmation...
Also, compare this chart with the same chart plotted Tuesday (also last Friday) and see the difference...
4 comments:
Mark,
thanx
old john
Hi John,
Good Luck,
Mark
Mark,
Thanx for the good luck. Doing ok, I use Boris and you( when you post) and the attraction points. I usually sell to early but doing ok.
old johm
Mark,
I forgot to add that what has improved my trading is watching the yen. I never really paid too much attention to it before ,but if it turns against the dollar, the market is going to follow.
old john
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