When we step back and take a look at the nasdaq daily chart it seems to be struggling, and in no where mans land.
Stochastics are telling us that it does have room to move higher, but our volume and breadth charts are telling us there could be a bit of trouble coming for the markets, and our VIP members know our thoughts and timing on this.
As you can see the last few days, there has been far more range in price than JANUARY AND FEBRUARY....and that is very telling that a bigger move is going to come for the market soon. These larger range days should be taken as a warning sign I think.
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| nasdaq chart |
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