I wanted to post this 2 days ago, but could not post Image files - will update it tonight - here is what I posted on my BB:
NASDAQ has reached a bottom yet? Well have a look at the chart bellow, what do you think? Notice how CCI has been sloping upwards whilst price has been going down. Also notice the N-Vol (smart money, bottom buyers, whatever you would like to call it) has changed direction recently. I think this might be it. Any views from TA people?
NASDAQ has reached a bottom yet? Well have a look at the chart bellow, what do you think? Notice how CCI has been sloping upwards whilst price has been going down. Also notice the N-Vol (smart money, bottom buyers, whatever you would like to call it) has changed direction recently. I think this might be it. Any views from TA people?
![nasdaq11.gif](/proxy.php?image=http%3A%2F%2Fhomepage.ntlworld.com%2Fhibbles%2Fnasdaq11.gif&hash=7c0625305cb3f0a4e34659408e06fd42)