Replies to post #54402 on SPDR S&P 500 (SPY)

[GLENO34]

Same on the QQQQ's ...Big Bullish Engulfing and also now a target of the daily 10EMA now at 46.57..Sure wouldn't surprise me to see us go up there..Just so darn OS on the daily chart...NDX was the strongest index tho..AAPL, GOOG and RIMM again..Big boyz probably holding them up so they can bail..

[Two-timer]

Hi, learning. I find it strange that my daily charts provided significant buy signals for the SPX and INDU, but not for the NDX/QLD? In other words, although the NDX/QLD displayed buy signals, they were "inferior," so to speak, compared to the SPX/INDU? According to my charts, the latter indexes made MAJOR trend changes to the upside. This is what I saw last night and reported, but was shaken a bit today as prices fell. My interpretation is that prices will go up through the holiday, then perhaps retest the previous lows (without exceeding them) next week. The exception, in my opinion, may be the NDX, which could establish a lower low before heading up. JMHO. Two