Tuesday, October 21, 2008

TODAY'S ACTION

Still in wacky, neutral, 'whipsawing like crazy' consolidation! Volume remains extremely weak and has declined since the start of the triangle. It is still tough to say which way we will breakout, but right now, it still remains 50/50. Here are the 1-day, 3-day, and 5-day charts for the DJIA and NASDAQ.

DJIA 1-day

DJIA 3-day

DJIA 5-day

NASDAQ 1-day

NASDAQ 3-day

NASDAQ 5-day

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