NDX hits 1744, 76.4% 2006 with a solid bearish divergence (NQ 1757). It's also getting close to QQQQ 43 call resistance. YM is having problems today and is weak below 12206, 100% projection September. It's a tough day for shorts, but bulls should be aware of resistance. BIX has not made a higher high along with ES and NQ. Still feels suspect with TRIN and TRINNQ still above 1.
This entry was posted
on Thursday, October 26, 2006 at 11:42 AM.
