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.
Monday, March 22, 2010
Slight rally in the markets today...
Only the $NDX made a marginal new high, all of the other indexes failed to do that, most appear to have been rolling over near the close...
The $SPX stayed under it's trendline and showed negative divergence implying further weakness. The $NDX today bounced off of it's trendline, but showed weakness into the close. The general trend of advance-declines is of increasing weakness as charted here yesterday...so we will see what happens tomorrow...
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