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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday, 16 December 2012

Ndx Corrective rally over ?

Ema's are bearish,macd is crossing and corrective rally appears to have ended with a small double top


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3 comments:

  1. Anonymous16 December 2012 at 21:57

    Looks good to me. Complete with a breakaway gap lower to get started.

    We need confirmation though!

    ReplyDelete
  2. Chartrambler17 December 2012 at 00:27

    Ron doesn't agree ! http://stockcharts.com/c-sc/sc?s=%24NDX&p=W&yr=5&mn=0&dy=5&id=p74177407220&a=282292713&r=265

    ReplyDelete
  3. Chartrambler17 December 2012 at 00:28

    tricky...I can see why 500 might be big support level for AAPL and there is pos macd divergence but the weekly candle chart looks terrible.Sidelines for me,especially as no real sell signals on European indices yet

    ReplyDelete

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