of course if your time frame is minutes then thats pretty vaild<G>
as for MD Stars? all the ones i am looking at on most of the indexs and a slew of stock charts are screaming up up and away..they veryify the pullback and buying at that hammer low the middle stick. check that swet up trend line on the NDX.
i do not care where we close...tomorrow...higher is the deal right now.
if and when we take out last weeks lows on the futures at 1053 then and only then will i become more bearish but not till that happens..and then 1030 is double bottom support
the real problem in general MW is ther are NO Sellers out there and have been none all the way up..just profit takers.
so hence buy the dip till we see true distribution...we have not...