GREY:NDXFF - Post by User
Post by
dollpartzon Jun 17, 2010 2:20pm
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Post# 17198827
NDX panic attack
NDX panic attackI was actually expecting this technical event (as I see it) because it had been testing resistance for over 2 months while forming lower highs (descending triangle). And lately the testing was becoming more insistent. Amazing how little volume it took. .23 is the 200 dma and it went for it. Maybe it's a good thing to get it over with. I'll be interested to see what candlestick it has at the end of day, a hammer would be nice.