ajtj99's Market Pulse

[ajtj99]

I think we're in a thin zone on the NDX, and we could still grind up to 2141-2148 NDX yet. The MID is only 4% from the all-time highs, and the Trannies made an all-time high today while getting close to a 3-white soldier pattern on the monthly to boot.

Furthermore, going back to 1991 there has not been a single instance I can find where we had 3-white candles on the Trannies that were not followed by higher highs the next month on that index.

The Transports historically lead, so it's worth noting.