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Saturday, July 18, 2009

XLK

xlk - tech / daily

breakaway gap followed by a high volume breakout on the daily. kinda hard to argue with that! no surprise then that we're sportin some pegged indicators. most relevant imo is the w%r/30 at zero. that simply cannot stand. since another bullish bar friday, i'm thinking it'll have to be at least a bearish engulfing monday to get that %r corrected




xlk / 60min


sure, i think the tech rally was legit.. up until that last hour anyway







nq - naz100 fut / 60min



up, but with little interest after the bell

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