nice little correction we had. everything is consdolidating at the 200 day moving averages except the ndx 100 and the ndx 100 isn't the leader anymore. it didn't do anything the past 5 months. the mid cap, small cap and snp 500 are at the 200 day moving averages. i think we rally soon.
zelareka - I am not sure what you mean. Are you saying that the rally will begin before we hit 1520? I think we need to fall to that point before the 75-100 NDX bounce begins. Just what do you think is going to happen? Please explain.
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