Tuesday, September 23, 2008

A quick look at exchanges

I am starting to turn bullish here.


Critical point for point for the NYX. If it holds above the moving averages and that descending line, it could very will be on its way to bottoming.


Made a lower low. I love to see stocks break below their lows, bring in fresh shorts, then squeeze them all the way up. If it can regain 80, then a bottom could be in.


The most promising of them all. Huge consolidation, breakout, now it is very close to testing the breakout. CME looks very interesting here, above the increasing 20 and 50 DMA.