Replies to post #3665 on T/A ETF AND INDEX

[was Steve]

the ndx has been outperforming the past few weeks but only after a long long stretch of underperformance. it can be one of two things one good for bulls and one good for bears. the bull case is the techs are really going to bust a move or my preferred which is the crap was the last to rise in the late stages of this rally and now that it has or is in process of finishing up the last thing left is for the carnage to start. we shall find out which of the two it is in the coming weeks. you know what i think

[Vestor_2000]

Thanks for sharing, Gizmo. I have seen variations of this chart and I just added it to my mix to watch it more. Have you ever applied any of the standard indicators to it? For example, it looks like it works well with the MACD and the RSI; the former tells an interesting story.