Bulls on parade today, but don’t forget the bigger picture guys!

Posted by MC on Jul 17, 2008

click to enlarge

click to enlarge

Still plenty of resistance ahead on the markets overall. DJI has no divergence on a weekly going into this move so perhaps the Nasdaq is leading off it’s divergence. Either way Nas has been the stronger market all the way in this bear really. In case some didn’t catch the tip on the charts…there is a nice ticker to help you spot divergence on highs and lows. ;)