Monday, December 15, 2008
Nasdaq 100 (NDX) Rally Attempt; Dec. 15, 2008
The NDX is spiking higher and attempting to bring the bulls back into the market. We'll see if this has legs or not. Downside volume is still very weak and advance/decline ratio hasn't moved. I'd like to see a spike higher in both of those indicators to coincide with the NDX to get more excited about a more prolonged bullish rally.