NDXDaily fast sto hit 51 and started to flatten.
NDXDaily RSI-14, started to curl upwards.
Also NASI turning stopped, as it was +9 today.
For NDX to fold it is obvious SPX MUST breakdown.
And it is a long way from that---1244 it has EXTREME support, as that the lower uptrend line support of the SPXWeekly chart.
That trendline has not been broken since this rally began nearly 4 years ago.
And its' not breaking down is negating slowly the fact the NDX trendline was broken some time ago.
We lost our down momentum today.
It must arrive back next week.
Market has been doing super job of keeping JQP at ease in view of SPX.
JQP has no panic level until a drop goes beyond 10%, the powers KNOW this--i made a mistake regards 36months.
If we go back to October 2002, SPX has gone an incredible 46 months without a 10% or more correction--that is the POWER of PPT, imo.
He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque
