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And we’re back…

And we’re back…

by MoleNovember 5, 2009

Berk back…

Quick little update on the $NDX while I get my bearings…  I’m looking for one last thrust.  Don’t worry, I won’t hold out if we don’t get it, but I think it would count best with one final thrust into the 1732 range…

NDX update

NDX update

And the prophet version…

Phophet $NDX

Phophet $NDX

Finally, the $VIX returns to test its breakout level.

$VIX retest

$VIX retest

I’ll return with some more meat in a second.

While breadth might be pretty remarkable today, the volume is totally suspect.

The Breadth in the $INDU right now is 30:0, but look at this volume...

The Breadth in the $INDU right now is 30:0, but look at this volume...

Most equities are showing similar pictures.  Huge gains on no volume.  Smells pretty ripe to me…

See what I mean…

$UVOL+$DVOL

$UVOL+$DVOL

And as a reminder, the Zero and Lite remain pretty flat today.  Not a whole lot of participation for a gigantic up move…

This one right here looks pretty ripe for the picking…

MTN looking for an entry?

MTN looking for an entry?

About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.