Collective IQ Traders Group

[opnion]

Gt looks like a strong possibility exists for the summations to hit the next box and roll over. They likely will hit the next box even as the market is red. The ascent has slowed drastically over the last week.


$Nysi likely tops today or tomorrow.
http://stockcharts.com/webcgi/Pnf.asp?S=$nysi&Y=U&B=70&N=A&C=2
$Nasi is less clear but it also is at strong overhead resistance that likley tops today or tomorrow.
http://stockcharts.com/webcgi/Pnf.asp?S=$NASI&Y=U&B=140&N=A&C=2

Smart money seems to be leaving the market and going to the Hampton's this week. g