Don't you think this is an absolute bitch to read? we were exactly were we needed to be on the nasdaq to crack down to 1320 quickly, about the time the Iraq news broke. Now, the signals are supporting a continuing rally, and you have to wonder why we would drop with the Iraq news.Yet, the fundamentals just suck, so why should we rally to new (recent) highs?
No mans land here. Best I can do is try to go with the flow, and see if the ta signals will clear up from here. Too cloudy now.
Holding shorts. If we can drift down slow now it would be a good point of clarity. Going up will just be more confusing.
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