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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,247.70
(
-1.81%
)
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techcharter

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techcharter

Re: sentiment post# 36268

Tuesday, 10/28/2008 9:12:31 PM

Tuesday, October 28, 2008 9:12:31 PM

Post# of 51808
Bearish divergence on NDX and RUT

The RUT and NDX made new lows on Friday, but the SPX and INDU did not. I think the e-waves the SPX and INDU are making are zigzags, while the e-waves the RUT and NDX are making are flats.

For a record % rally in one day, today's volume was slightly less than the huge move up a couple of weeks ago.

Tomorrow I think we see a continuation of the rally or a gap up, followed by drifting lower.
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