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Strategies & Market Trends : Shorts waiting to happen
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To: Cadaver who wrote (535)8/13/1996 8:57:00 AM
From: dppl   of 852
 
Hello Cadaver,

I'm a little bit of two minds about the NAZ right now: the very low volume is what I find particularly disturbing. And what looks like maybe a rounding shoulder (or a bull wedge?) forming. A bull wedge would have more up and down movement, more erratic, zigzagging. A round shoulder has these sort of declinging volume highs.

In any event highs on this sort of volume is not convincing.

Any ideas?

thomas
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