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Trading > Biiwii.com Notes

Ndx, Dow, Hui & Oil

Gary Tanashian | Thu, 05/22/2008 - 2:51pm |  Add a comment

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Tying up a few loose ends with the following charts:

NDX does indeed break after filling gap as was speculated upon here. Dow looking unhealthy but could soon bounce. HUI is in a setup to pull back a bit, which would be healthy at this point. Oil gives me the comfort of knowing that things are as they always are; spring follows winter, day follows night and I am wrong on oil. Blow off dynamics appear to be in play.





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