should we just jump off the ledge
looks just like what these indexes did today <g>
The BKX plunge is rather worrisome, the NDX we are more than used to seeing it look sick...
stockcharts.com[l,a]dhclyyay[db][pc20!c20!b200][vc60][ili14,3!la12,26,9!ll14!lg]&pref=G
stockcharts.com[l,a]dhclyyay[db][pc20!c20!b200][vc60][iLi14,3!La12,26,9!Ll14!Lg]&pref=G
Looks like three black crows on the NWX also, not just the SOX (if the close qualified)
stockcharts.com[l,a]dhclyyay[db][pc20!c20!b200][vc60][iLi14,3!La12,26,9!Ll14!Lg]&pref=G
BTK broke down out of a rising wedge
stockcharts.com[l,a]dhclyyay[db][pc20!c20!b200][vc60][iLi14,3!La12,26,9!Ll14!Lg]&pref=G
Nasdaq New Highs/Lows took a plunge of its own stockcharts.com[l,a]dhclyyay[db][pc20!c20!b200][vc60][ili14,3!la12,26,9!ll14!lg]&pref=G
I'm sure they'll ramp it on the book to bill numbers and they will all be saved from the edge of the cliff once again <g> but there is some MAJOR technical damage on most of the indexes tonight that can't be ignored. |