The ISEE MA's are about to see todays numbers and try to digest the 52 - week high of 220 and see when it was made - thats the only time I have seen such a thing because it would usually mark a high not a low - clear indication of manipulation.
Anyway more reliable are the MA's the 10 tops around 150 the 20 makes 140 to a good level - we do not have the levels yet. The fact that the VİX dived below 20 is also good for a top but the count says 3 more weeks of lower weekly closes are very likely before the big turn comes. It can be a bit more tricky though as starting next week for different reasons the probability is rather for a spike in vol for the next 2-3 weeks and we get a final upmove starting later in Jan briefly. I was looking for a double top in the Nov/ Dec period but now it looks it will be delayed by a month.
| Previous Trading Day | 153 | 12/21/2009 |
| 10-Day Moving Average | 135 | 12/08/2009 - 12/21/2009 |
| 20-Day Moving Average | 134 | 11/23/2009 - 12/21/2009 |
| 50-Day Moving Average | 133 | 10/12/2009 - 12/21/2009 |
| 52-Week High | 220 | 03/09/2009 |
| 52-Week Low | 77 | 10/20/2009 |
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