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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (196392)4/15/2009 12:39:41 PM
From: PerspectiveRead Replies (2) of 306849
 
Quite the little divergence going on today. Can't get to my usual charts - having trouble with stockcharts. Maybe they're busy filing taxes. But I think the NDX has broken its wedge. The others don't appear to have done so. Is NDX leading here? One might expect that given that it anticipated the turn up in March. Or will NDX end up joining the SPX back inside the wedge?

Of course, we're being led by the DJIA, which makes me rather suspicious. These days, the Dow represents, what, about ten stocks?

BC
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