Replies to post #13429 on Profunds index and sector trading (PRO)

[positiontrader]

Steve,

Things are looking strong.I will probably go long before the close.

Look at the narrowest bands in 3 years on the daily.We should move soon.

Look at the cup with the handle formation also.


Regards

Marc

http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[h,a]dacayyay[df][pc10!c20!d20,2][vc60][ilb14!la1...

[Namiar]

Yeah, we are no where near OB enough to negate a trend long. A couple days of strong internals could fix that.

Speaking of which, today internals are very strong and volume is decent. Where is the price action?

Looks like we both may be looking at another day of ATHs.

Hey, nice earnings report for my employer. Hopefully that translates into a nice bonus for moi.