weekend charting thread 25 & 26 november, page-2

Had a bit a look at the big four U.S. Indicies this morning.

Dow (Large Caps) which is often led by the Nasdaq 100, looks to be the most relunctant to fall and appears to be holding up the S&P 500 somewhat.

Nasdaq 100 (Tech) often the leader of the Dow, fell the fastest, rose the fastest, ran out of puff first & is leading the charge lower again.

Russell 2000 (Midcaps) often the leader of the S&P 500, fell the least, rose the least and is almost back at prior support.

S&P 500 (Broad Index) looks like it's only being held up by the Dow, if the Dow comes off, S&P 500 could fall quickly and easily.

U.S.Indicies Weekly



U.S. Indicies Daily
Interesting that the Russell looks a bit stronger,
on the Daily.



cheers