Tuesday, February 15, 2005

Break: day 2 with an N

After close analysis:

Didn't trade. "N" pattern days were all over the place.

Market breadth held previous days' lows.

Futures were higher in morning before pulling back to emas then reversing to form "N". AB was much weaker than ES & NQ.

Indices held their ground with Sox & Smh having a weaker afternoon. Dow established a recent hi @10850. It'll need to clear area of 10850-75 to make all-time highs (oh geez, not again!...stop that...:P)

Overall neutral day!

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