Replies to post #17173 on Short Term Trading Member Forum

[techcharter]

A Little More Down

I took a closer look at other US markets, dax, and ftse. they are nearly done with this consolidation and about to head back up. The rally would complete a Wave 5 in the FTSE and possibly the NAZ. The rally would only be wave 2 consolidation in the DOW and SPX.

I'm starting to think the NAZ makes another high and the DOW/SAP do not. This would be a bearish divergence.