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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (40567)1/6/2004 12:36:13 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69316
 
Intra-day sell signal triggered on the COMPX. Daily chart not flashing a sell signal quite just yet.

Worden indicators T2110 and T2113 flashing an extreme sell signal.

Extremely high volume day on the Nasdaq. Potential localized top now in place.

Dow 10,544.07 +134.22 (+1.29%)
Nasdaq 2,047.36 +40.68 (+2.03%)
S&P 500 1,122.22 +13.74 (+1.24%)
10-Yr Bond 4.387% +0.014
NYSE Volume 1,566,882,000
Nasdaq Volume 2,370,265,000

We won't know the extent of the pullback till we see a test of the Fib level of the most recent rally.