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Strategies & Market Trends : Trader J's Inner Circle
NVDA 174.70+2.2%3:19 PM EST

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To: ajtj99 who wrote (45284)7/30/2001 6:22:09 AM
From: LTK007  Read Replies (1) of 56535
 
NASD futures have been getting inched upwards,started at minus 10,they are now plus 16--looks like a gap-up in the works but it is STILL early--6:19am.
The general sentiment seems bullish on premise that matters held up during horrendous earnings phase and now all will be up going into FOMC(that is the overall tenor).
I am feeling contrarian,sounds too pat for me.
But charts are as confused as they can get---super congestion.
But if today is strong my ADX pattern would shift to upward trend,i think--let's see what shows on the EOD.Max
p.s. charts so mixed i am reduced to a "psychic call"---i say bulls are wrong about this week as i still don't see a catalyst beyond wild speculation that the tax rebate will juice the market(but that could be enough to get buyers in) and be grounds to pump and then dump.max
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