THE DOT - if this turns orange or red be alert

Thursday, June 25, 2009

BTK tech outlook - a sector with a little upside scope

BTK (biotech) Still needs to make a top above 700 as one can see clearly by the pattern. The target zone is around 720/5 within the next days.
The NDX has an 12 Seq count today and needs to make a little spike up as most indices might do the next days without making new highs for now. Thereafter we should see another wave down for 1-2 weeks before the final leg up starts.

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