Live Update

Wednesday, June 30, 2010

06/30/2010 After Bell Quick Summary

Well, I don’t understand what’s going on here, a program keeps bidding Nasdaq stocks higher? For what? I believe we’ll see a new record high of the Nasdaq Intraday Cumulative TICK. So, yes, I’m going to WOW in tonight’s report again (why wait for tonight, because I don’t have the final confirmed chart yet, LOL). The last 9 times, I WOWed were in 06/25 Market Recap, 06/02 Market Recap, 05/26 Market Recap, 05/18 Market Recap, 05/12 Market Recap, 05/03 Market Recap, 04/29 Market Recap, 04/20 Market Recap and 04/14 Market Recap. The market all sold off hard thereafter.

Looking for NYMO positive divergence I mentioned in the last night report? Well, not yet, still missed a hair and not to mention that it’s far from being “visible”. I modified the chart a little bit so that you could see clearly…

1

blog comments powered by Disqus

Disclaimer

The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.