View: log SPY QQQ XLF.jpg
log SPY QQQ XLF.jpg
When I first became interested in stock analysis I noticed sometimes there was what I called "the low before THE high". I wonder if that is what we have here. All three indices broke a long term uptrend line only to go to a new high---all of which all now abutting the upper resistance line. All on my intermediate term momentum indicators look like they are on the verge of going from positive to negative. To me looks like a better place to watch or sell than to buy. Best to ya. Tom B
Comments
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This has nothing to do with the pervious spot I posted...LOL 11/19/14