Thursday, August 14, 2008

$NDX and $SPX on 8-14-08




$NDX is poking it's head above the strong blue resistance line..along with daily indicators showing a rather overbought condition...This doesn't look sustainable.

For the $SPX the 11th of August did indeed turn out to be a short term top, as the numbers seemed to indicate.

1 comment:

john said...

Mark

thanx
old john