BB's pinched on the 30-minute NDX:
stockcharts.com[h,a]faclyyay[db][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G
Full stochs is moving up still, others are neutral. The break should be up, and possibly over the falling resistance line from the Dec. highs.
15-minute NDX also appears to be pointing up:
stockcharts.com[h,a]gaclyyay[db][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G
If there is a flat to neutral open Monday, it should be bought, IMO. My guess is they may just gap us up out of the wedge. |