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Re: [RT] Market - NYA volume



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>making a very nice buy indication with Thursday having the price and volume
momentum low


Would help if VIX made a higher high relative to Oct, currently still got a
ways to go... another 15% or so, which would encourage me to be on the
buyside, positionally. The vix chart would then have its own set of
divergences, most important of which would be a definitve peak in its ADX.
So far the Daily just looks like a burst-pullback to 50 ma - burst sequence,
with ADX barely budging below its trajectory.

i'm just riding the 5 min chart standard run of the mill trend day, retest
of y'day's low should start the flurry of running stops below & above....

Nice, for weekend holders, if we close practically unch again....

Meantime, McDonalds prints an inverse head & shoulders neckline right at the
200 day, as do a whole bunch of "value" stocks.

And Merck holds its big picture canslim breakout, with a 2nd weekly
follow-thru bar.

Bullish, bullish.

Gitanshu







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