Tuesday, March 13, 2012

Dow looks the worst

Whenever I see a parabolic move, I never trust them, up or down. Parabolic moves tend to end with parabolic moves in the other direction.

Specifically about the DOW-30/DIA...


The Dow over $13k at the red trendline still hasn't brought any volume...

 The DIA as well

 DIA 5 min

 DIA 2 min starting at the bounce.

 DIA 1 min shows no support here.

 ES is starting to go negative here as well.

It seems small caps have been struggling the most-IWM

The S&P-500 Small Cap Index.

And mid caps...

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