Why this top is so different from January high 2010?
In January high, there was no blowoff top to be seen. When it dropped from there, it left big gaps behind. So from February low, the market slowly retraced back up and filled those gaps.
This top had a blowoff top from yesterday. So far there are some gaps below to retrace back down.
QQQQ had two big gaps to fill. 46 area and 45 area.
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Nah nah nah nah
ReplyDeletenah nah nah nah
crap, freaking green now.
ReplyDeletemerre