The recently respected trendline is being pressured again from below, and we have to be vigilant here as tomarrow was considered the be the beginning of the turn date window (with Tomarrow and Monday the highest probability dates) so with the Fed struggling to lift this thing, it could be turning early....watch for a break up through the price range it's in now with volume increasing and the turn is in...
The current value of the trendline on the $NDX is at 1742.69, right where the current high for the day is at 1:45 P.M. central time....
No comments:
Post a Comment