It's a tough week for technicals being a holiday week and being there's a lot of year end window dressing going on. However, despite the holiday week, does today's big pop up mesh well with 79 of the NASDAQ 100 stocks closed higher in lower volume and only 5 on increasing volume?
More on this tomorrow. Watch for a failed upside move-it could present a fast buck to the downside.
Tuesday, December 22, 2009
FALSE BREAKOUT?
Posted by Brandt at 4:05 AM
Labels: false breakout, head fake, nasdaq 100, price volume relationships
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