UPDATE:Maybe the little rally-ette is over. The $NDX today sported the kind of candlestick seen at tops ...
The other averages lost ground almost to the point below last Wednesday's close. If that happens tomorrow, then it's probably time to go short again...
Looking at the two regression plots above, I think the top one is now the closest fit, although I was previously favoring the bottom one. It takes a little while for the right regression line to announce itself sometimes...
For some reason the legend didn't show up on the snapshot of the top graph, but it's basically the same as the bottom one...
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