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Re: [RT] some thoughts on NASDAQ today



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--- In realtraders@xxxx, "Haytham Albizem" <H.Albizem@xxxx> wrote:
> Don,
> 
> I am sorry I didn't get back to you after you posted because I went 
to bed early yesterday and I did not check your post until this am.
> 
> I wanted to let you know what I am thinking before the market open 
because it could be important day.
> 
> You could be absolutely right but I have some thoughts, please 
check gif for comments.
> 
> Best regards,
> 
> Haytham

2:10 pm

I am still favoring the trend up, there is nothing convincing so far 
the trend to go down, yesterday when the trend reverse up on 5 min 
around the end of the day I pointed an arrow where was the 
confirmation for the change to trend up, that level was tested this 
morning and we are above that level.

60 min nasdaq composite is forming triangle similar to the next leg 
up.

Also I don't see selling pressure, where is the sellers? I am any way 
buyer with good risk/benefit ratio.


Haytham


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