FTSE - So where is the support

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easytimes - Thu, 21 Dec 06 :

I was a bit taken aback about his advice to look to short all indices stance after saying for weeks and weeks to buy any pullback to the 8 or 21 ema. The NDX is pretty much gone with bearish patterns in play on the Monthly as well as daily, the monthly signal being the most significant IMO. Also, bearish patterns on the Sox, the SPX and the Dow.

Bearish AB=CD just triggered on Dow (Be careful though for the powers that will try and prop this)



Bearish 3 drives with overthrow:



Bearish 3 drives NDX monthly:



Bearish AB=CD on the daily NDX



Bearish AB=CD on the SOX daily:






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