Friday, October 16, 2009

Review I

Hi everybody,
Finally today I could make some spare time to review charts and do some postings. I hope you heard the message from the Market yesterday :), I believe it might have been the beginning of an interesting move.

Let's see some findings to clarify our play for next week:


Major market index facing thick resistance:















Major market index close up view:















NASDAQ Comp: broke trend line, with flat OBV and declining Mc Os.















Russell 2000 also presents a clear divergence just below a potential double top.
















SOX more divergences at the potential IT top.