The Darvas Method

[S Chun-Li]

I adjusted all first hour trades to zero profit and the system was still down nearly 200 pts on the period.

Maybe it works better on the S&P/NYSE but I suspect that any TA is going to find things difficult if this rally is being helped by PPT. $VXN has bottomed and reversed upwards a few days ago. That is a very reliable bottom signal but the Nas comp still made a new high since then.