2X-Be-Me - We don't need bear cheerleaders. Just because the RSI(5)by itself is pulling back a bit doesn't mean jack. The MACD(12,26,9) is starting to trend upward. If we close positive today it will be the 3rd day up. We are due for a pull back.
Bottom line: $NDX RSI(5) will go to 70 before 30 (If I am wrong I will buy more longs under 30). When it hits 70, I will consider shorting.
Good Trading!
Lindy
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."