AI
Sunday, July 13, 2003 7:02:35 PM
we have been seeing divergence between the NAS vs the S&P and DOW since june 6th. but while both the NASdaq and NASdaq 100 show similar "bullish" activity with new highs...these charts tell a different story of what's going on below the surface.
The confirm that the bulk of the rally are indeed in small caps. but more interesting is wether the NDX warning us here? it certainly looks that way..not only is the price move on the Nas100 not confirmed by the OBV and it's 20-day ema, it is also showing divergence with recent price highs.
dumb money vs. smart money?
The confirm that the bulk of the rally are indeed in small caps. but more interesting is wether the NDX warning us here? it certainly looks that way..not only is the price move on the Nas100 not confirmed by the OBV and it's 20-day ema, it is also showing divergence with recent price highs.
dumb money vs. smart money?
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