T/A ETF AND INDEX

[shortterm]

The bull flag broke up and run all of 2 points

Then it fell slowly back to the top of the flag. Went into the flag by a small amount. Saw a lot of futures going at bid at that point. I think there is a lot of people ready to sell at the first attempt. And TICK moved up, we retraced to the upper edge of the flag. They couldn't even take it anywhere near the mid point of the flag.

All of that is nicely within the uptrend channel. I'm glad that I'm out but I really want to short it... I will not, though... NYSE TRIN is 0.92, Nasdaq TRIN 0.78. NYSE TICK 487, Nasdaq 136.

RIMM reports after close and it is in NDX. I can't remember how it has done recently but I do recall it had a habit of falling after results at one point. I probably isn't in reality very important but it is one of those well known names that people can rally around.

Oh TICKs fallen now, Nasdaq -73, NYSE -178. TICKS NYSE .92, Ndaq .97. Is this it?

Just can't trust it.... It looked just like this yesterday and then all the sudden it broke the downtrend channel and went up.

NQ uptrend channel about to be violated if it does not recover soon. See a bit green right now....