NDX price is behaving as if trapped in a tight range with buyers "on strike" but sellers not desperate. Relative strength lies with the SPX/DJ complex. Seasonality favors a short oversold rally to resistance.
(The 60m chart below is still in play. Support resistance shown as horizontal lines.)
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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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