You can see here the negative divergence on the Nasdaq breadth indicator $NASI compared to the $NDX, shown by the dashed, thick black line, and the two recent node hits given by the vertical red dashed lines on 12/28/09 and 1/08/10, and also all of the recent places where RSI on this breadth indicator peaked. These were usually at least short term tops. Though that's true, today didn't resolve anything...
It you wait you will miss the boat.
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