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morpheustrading

12/16/12 11:41 PM

#40495 RE: L-Back #40460

Sure, no problem. Glad you enjoyed my analysis on the $SPY weekly chart last Friday.

I just wrote a follow-up article that discusses the Nasdaq ($QQQ), specifically making the point that the 4-week bounce off the mid-November lows may have run its course, with the Nasdaq ready to head back down.

Here's the link to the article (which I posted in another thread here on this forum):

Why The Nasdaq's Countertrend Bounce Has Run Its Course