Not sure about that....
This negative divergence appears also on the NDX 60 min chart.
Plus take a look at Friday's NDX movement. open at huge gap up
and closed way below the open. The first hour candle is also bearish one.
Saturday, April 21, 2007
Huge rally more to come?
and closed way below the open. The first hour candle is also bearish one.
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3 comments:
Been waiting for a blog like this. Hope you keep the charts going. Please don't fall into the trap of analyzing fundamentals as that messes with trading psychology.
A_H
Thanks. You can e-mail subscribe also. please free to publish this blog wherever you like.
Well A_H, I think fundamental and technical should go hand in hand, there wouldn't be much going on if everyone disregarded fundamentals.
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