Lawrence's Comment
Recap
Break below Y-1 and that Y-1 turned into resistance, the bearish case unfolded. We got our target of Y-2 by mid week. The tricky part is that 1280 ...
Lawrence's Comment
Recap
Strongest among the major indices but bear flag / up channel rally does not last. Breaking down from the channel sent NQ back down to Y-0 quickly. Closed the ...
Market Internals 2011-08-11
The breadth is decidedly bearish.
No divgerence long setup from 3-day advance issues.
And Tick16 Short Term is overbought.
Another flush low is needed to produce a daily level low.
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