Replies to post #26070 on ajtj99's Market Pulse

[Jerry Olson]

no maybe down then up higher...

meaning we are very overbought on the short term McCellan's from way oversold at minus 360ish to plus 250!

so maybe a reset to get heavily long here...

http://www.buyitbuyitsellitsellit.com/OJ7.gif

we also have end of month window dressing..

we are 30 points away of a breakout buy on the DJIA and blew thru overhead resistance on the NDX and Compx...

[Jerry Olson]

on the NAZ we can clearly see that red down fork upper tine as resistance along with the 200 ema daily candle chart..so we are right thtere right here..

should see some sellers first...

http://www.jeffreywright.4t.com/forksdaily.html