Wednesday, August 6, 2008

$NDX and $SPX charts




As you can see the markets have done what I said they would do, which is chop around without much progress...I haven't posted these charts for a few days because they're so boring right now...That will change however...

Thought I would add that we will lose steam on this rally, but it's probably a couple of weeks away. Not that it has that much steam now, mind you...

1 comment:

Hopper said...

Thanks Mark, these charts aren't boring they help to point to potential levels of chops coming.