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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…

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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.