Day Traders' Thread - Xmas 2004 to New Year 2005

just having a quick look at charts to see how the usa finished.

i see that we got the sell off into the close.

but no support levels were broken. so the trend still looks like up then for the new year for the usa markets at least.

happy new year everyone.
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TorturedSoul - 31 Dec'04 - 14:53 - 735 of 786 edit


nyse a/d line getting even more negative now

negative breadth and low trin is not healthy for the bull case at all.

nasdaq looks the same too.

could be a decent sell off today into the close if this persists.

imho