Replies to post #9347 on ajtj99's Market Pulse

[ajtj99]

pt, I just posted what I think may be happening here:

http://www.investorshub.com/boards/read_msg.asp?message_id=1482767

http://www.investorshub.com/boards/read_msg.asp?message_id=1482723

I really don't think we're ready yet to go marching up to new higher highs. I think we may be range bound before one final push up.

Although the TRINQ reversed back down today, it's buried again on the 60-minute:

http://stockcharts.com/def/servlet/SC.web?c=$trinq,uu[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2...

This chart shows what appears to be our current trading range on the NDX:

http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[h,a]dacayyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f...

Basically, 1343 to 1406.