The indices took off on cue after the three day a-b-c short term pullback. Tomorrow is day 11 of the rally and I want to see price over the high from last week at the end of this week. The NDX remains in a narrow range and I need to see a quick follow through to new short term highs this week to remain positive about the price action.
Chart courtesy of Stockcharts.com
As a note: Charts of various time frames of the SPX, DOW, and VLE can be found on the right sidebar of any post. These charts are updated weekly.
SP500 Index (SPX) Price Time Charts
Dow Jones Industrial Average (INDU) Price Time Charts
ValueLine Arithmetic Price Time Charts
Post Modified: July 31st, 2008 at 10:57 pm
Tags: A-B-C Correction · Narrow Range · Nasdaq Charts · PullbackNo Comments
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