Zeev's Turnips Patch-No Politics (ZEEV)

[BuzzOnDaBeach]

There are two problems with your ascending triangle theory on the NDX. First, it's technically not an ascending triangle unless you count the top from two weeks ago as one of the points in the horizontal line. The other price points from the last 18 months are descending. Second, a true break out and up from an ascending triangle should be on rising volume, not falling volume. Oh, and the same rising wedge evident in the compq is shown in red for the ndx:



Buzz