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Strategies & Market Trends : Classic TA Workplace

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To: jimcav who wrote (60754)12/3/2002 5:07:35 PM
From: Shack  Read Replies (1) of 209892
 
Its got a lot of credibility for me as the move from the Nov 26 low into yesterday's high is distinctly 3 waves in most indices. I also noticed the exceptionally high TRIN today. Seems like there was muchos selling today for a 13 point move in the SPX.

The way QQQ max pain is moving (27 and rising), it will be a miracle to get down anytime soon.
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