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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (170259)8/4/2008 6:18:36 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
NDX .. that's a Genuine Tower Top built the entire month of May ... It's going to be hard to overcome that Head Built on Low Volume over an entire month ....

Classic Distribution.

I agree with your count .. Looks like 5 Down is underway. It would be nasty if it's just part of a III.

stockcharts.com



To: jjstingray who wrote (170259)8/4/2008 7:01:12 PM
From: Jack of All Trades  Read Replies (3) | Respond to of 209892
 
We'll see, COMP not the same shape.

QCOM, AAPL, RIMM accounted for 13+pts on the down side today in the NDX...

quotes.nasdaq.com