THE DOT - if this turns orange or red be alert

Monday, April 13, 2009

NDX tech update - red alert - get out of longs tomorrow

NDX counts a daily 12 if we stay positive for today that's about time to get out of longs within 24h.
Goldman will provide a good chance to do so tomorrow as the SPX has an 11 count today as well.
For shorts do still hesitate but aggressive traders should get short this week.
Quick update
Actually as the NDX closed not positive the count remained at 11 making it even with the SPX hence if we trade up tomorrow or what day ever this week is time to get out.

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