Friday, August 11, 2006

Is the NAZ ready to rally?

http://stockcharts.com/h-sc/ui?s=$NDX&p=W&yr=2&mn=0&dy=0&id=p01607842149 (After PLEASE look at my weekly chart, you tell me why I should be looking to go long? On the weekly even more convincing we have JUST BEGUN)

http://stockcharts.com/h-sc/ui?s=$NDX&p=M&yr=10&mn=0&dy=0&id=p58304240138 (Then this monthly, look after over a decade of seperation, these Monthly MA'S have all converged JUST above current prices, and MACD is below zero for first time SINCE 2000!!)

Even my daily chart will show you what I see, and is a downtrend until it isnt, IMHO
http://stockcharts.com/h-sc/ui?s=$NDX&p=D&yr=0&mn=6&dy=0&id=p34930657201&a=82314172

D

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