Replies to post #21287 on ajtj99's Market Pulse

[ajtj99]

NAMO reversed at an old trend line and appears to be headed back down. If we have reversed at 1494 NDX, it could bring the rising support out of the NDX 795 and 947 lows into play soon. If so, a drop to that support could spring the indices back up and above resistance going into expiration.

I thought this improbable last night due to turn dates and such, but it appears possible if we could drop and get it done by Friday. We'll see.

http://stockcharts.com/def/servlet/SC.web?c=$namo,uu[h,a]daclyyay[dd][pi!d20,2!f][vc60][iub14!la12,2...