Monday, November 7, 2011

Nasdaq 100 Diamond

Along with all those damned 'he went to Jarred' commercials that are already showing up, trying to guilt guys into exploiting near slave labor with a big rock for their sweeties, we have the NDX checking in with a Diamond of its own.  These are consolidation patterns that appear while a stock or index is deciding what to do.  It could be reversal or continuation.  But whatever it is, a move is coming.  FWIW, I don't care for the MACD on this leading market.















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