Wednesday, April 2, 2014

The Midweek Update - Who's the Leader? $DJIA $SPX $NDX

***** Depends on which index you like to follow, the patterns on the three indexes differ in ways. Long time listeners know that the charts usually have much in common yet, here today I see a possible strong breakout off the high on the $DJIA, a flat top on the $SPX and a possible stall on the $NDX . It's unusual to have such differences. Since April Fool's Day is over,  perhaps it's due to the unknown,  namely the coming of the 1st quarter reports. World jitters seem to have subsided but no matter which course the markets take, one of these charts foretell what is to come and will show its leadership.

Happy Trading, Living and Dancing

Weekly Update $DJIA $SPX $NDX

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