The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Friday, July 25, 2008
Market still staying within the downwash fan of regression of the top of early June
Note that $NDX topped just past the .500 node, although I thought that.500 point would be a bottom, if you look close it was...sorta...We'll see what happens next...
The chart of $NASI is showing recovery from a deep bottom, but I don't expect a lot of vertical progress by the price action on the indexes as the Breadth indicators work off their oversold condition...
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