Traders Cooperative

[opnion]

Notice the 4 bottom peaks, each one trailing up until it is finally trapped and must make a decision about either the resumption of the march 2003 rally or it rolls over to test the support of that rally. Macd here still indicates selling on the weekly but it is at levels that normally turn up. On the upper resistance linesa it those are tested again I would expect an all time high reading on the $nasi to print. Cci 21 week is basically neutral and gives no hint of direction either way at present. So the next few weeks are important. However, $Btk looks impressive to lead for a bit.