Replies to post #36236 on ajtj99's Market Pulse

[ajtj99]

NDX daily shows price still consolidating inside a channel within a channel, and it's at the top of one channel and the bottom of the other. One channel will take over <G>:

http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[e,a]daclyiay[d20031202,20041228][pc9!c13!c20!d20...

The slow stochs are consolidating near the very top of the channel in extreme overbought territory, so that might give a clue as to what we might expect soon.