Friday, March 25, 2011

Set for the next test

 DIA has given up a bit as it was as high as +.72% today, so far it's the furthest from the next downside support test.

 The IWM has started the test of a minor support level and thus far has broken below. The IWM was the a strong performer today up as much as +1.9%, it has given back a quite a bit.

 The Q's are also at the same area as the IWM and are at a gain of +.23% from an earlier high of .92%, perhaps showing some of the worst relative performance.

 The SPY has a little ways to go until the next test. The SPY were as high as .74% earlier.


After the last bounce shown with the Tick Index briefly trending up, it's now moving back to a downtrend as these averages test intraday support levels

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