Profunds index and sector trading

[nuclearpayload]

FWIW, the daily indicators I use have rolled over in the overbought range, as if to call the top. And the 60min charts are showing bearish divergence on the new highs this week. This next decline will be critical, IMHO. The rest of the summer roadmap will depend on how low this goes, although the failure to make a new high thus far has me looking for a lower low. Big surprise to hear that from me, eh<g>.

I wouldn't be surprised to see one "last gasp" that gets the NDX to 1479, but I wouldn't count on it. I don't really care one way or the other now, as I have carved out a short empire in the 1460's.