Closing hour:YM fails to hold on to 14038, Friday's open and techs are weak. Small caps are also struggling. Internals are getting worse. This rally is still a bear flag as fas as I'm concerned.
Note the lower highs/lower lows on NYSE ADVDEC lines on every push up since late July (chart).
Semis and financials are down as we head into the close.
This entry was posted
on Monday, July 23, 2007 at 7/23/2007 03:38:00 PM.
You can skip to the end and leave a response.
» Post a Comment