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S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,107.60
(
0.99%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.40
(
0.41%
)
Bitcoin
57,736.42
(
-0.04%
)
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mr_cash4

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mr_cash4

Re: None

Monday, 12/06/2004 4:44:55 PM

Monday, December 06, 2004 4:44:55 PM

Post# of 51810
hmmmm, NYSE R/A A/D & Vol. McCllelan Oscillators as well as Nasdaq R/A A/D Mc Oscillator all dropped below 0 today generating a sell signal, and for awhile now they have been showing a pretty big bearish divergence as they have been heading south while the price have gone up.

therefore, it is possible/likely that we have topped, and if tomorrow we take out today's low, then IMHO the top is in and then we retrace all the way into end of the month.



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