Here are the charts. The SPX/NYSE continues to outperform the NDX/COMPQ. This is best seen on the Andrews pitchfork studies. Notice that while all the indices bounced, the COMPQ is working within a steep down-fork while the SPX has bounced off the larger Median Line. At worst a consolidation or perhaps even a modest rise this week, which is also Options Expiration and likely to be volatile. I [still] do not believe ollie-ollie-all-in-free has been called!
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moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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