NQ 30min ~ a rising wedge, - D. 50% +/- retracement, likely markets are showing (a) of IT wave 4.
SPY 60min is also showing declining volume and a rising wedge.
Qs 60min ~ up volume is declining and formed a rising wedge. Traders bought markets on Friday with Geitherner reversal and went vacation. 20% free ride during the Thanksgiving holiday.
![](http://img392.imageshack.us/img392/388/spx081126zt6.png)
![](http://img360.imageshack.us/img360/788/qs081126nn1.png)
![](http://img212.imageshack.us/img212/1434/nq0811270951pro8.png)
~~ Oil ~~ 54 +/- bounce from 50 S
~~ GAS ~~ bouncing up from 1 S
No comments:
Post a Comment