Thursday, August 25, 2011

Remember these charts from last night?

And what I thought they meant for the market this morning...
 DIA

 IWM

 QQQ

SPY

"As for the market tomorrow, these charts may have not had enough time to catch up to the afternoon move, but I'm thinking based on these and the P/V dominant relationship, we see some pressure on the market tomorrow, at least for the first half of the day."

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