Friday, August 28, 2009

dontblong !

we yet have to post a higher daily close on NDX sometimes by the middle of the next week
I could not force myself to look at the charts today, but I will do a detailed post on all counts of DeMark indicators weekly and daily, but in few words it might be summed up right now - next week (or at most the week after that) will mark the end of this leg up and, may be, the end of the "make believe" rally.
It looks like different methods (coming from the people whose knowledge I respect in their areas of technical analysis) are all pointing to the same point of time.