Ndx 11/04/01

ChartMan

Legendary member
5,580 46
Mixed bag today. A new intra-day trend line has been formed.The large Gap up on open was surprising,and the day was downhill from there. But we closed up on yesterday's close by 50 odd points.So was it an up day or a down day? Either way, there is now a mid way trend line formed, providing support, having been resistance on the way up from 1468.
Velocity,CCI and Macd are all still in an unbroken Up-Trend.
Surely we can't carry on going up?4 days in a row ....I suspect not. But then I thought today would be a down day.
 

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