ETF SWING & DAY TRADING

[SyndicateTwo]

I think the NASI charts are important. But overall in terms of breadth, like I said, the only thing that really matters, is the daily up/down volume and issues and you don't have charts for that.

But it's only 1 little factor in the whole thing.


BTW - did you see the action today? A major drop in new home sales kills the $TNX bond by almost 10 full basis points and the market guns a little higher. But yet again, it (the nadsaq) just can't break out. The DOW going higher doesn't confirm anything. The SOX index is up .60% now. I just can't make sense of it. It's not showing strength enough to go long and I'm afraid to short because of how easy the market guns higher.

WHAT TO DO???????