Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

NDX chart revisited and it suggests that if NDX gets to 1480 Alexander better sell like hell.
http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[f,a]dacanyay[de][pc13!c50!c70!c200][vc60][ilb14!....

But yes we are are now on the edge of a decent breakout.
A close above 1406 sets up 1439/40 then pullback and then attempt at 1450 area, where i feel we then collapse---however chart has room to 1480.
But this means we must not collapse here at this breakout point.
i have been watching this over the days and i see this as a masterfully MM contrivance, as they are battling like hell to hold supports and break resistances KNOWING full well traders will follow the TA signals.:)
I add also that the earning season in techs will lead to a blood bath if MMs manage to nurse this suckers uptrend.
NDX sector is marvelously over priced right where it is right now on the whole(except for certain sweet niches), imo.