Head and shoulders all indices?

Quote from stock_trad3r:

TA does not work on indicies. There are some instances where it does, but usually not.
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What the hell is this all about? TA doesn't work on indicies????

Really not sure how you look at it but TA does work on indicies for me...
 
Well I am sure glad I stuck to my analysis and shorted the DOW and didnt listen to al the noise on here.

Note to all newcomers. If you place a note on here with your analysis and are immediately called an Idiot...Retard..or anyone disses you...Immediately trade your idea!
 
the 200-day on the Naz has proven to be significant resistance AND after one more rally attempt the benchmark did start a completion of the right shoulder - or significant move down.

It temporarily is holding above yesterday's low. . .but doesn't really have both legs underneath to stand on.

paysense

IOW has a distinct possibility to breakdown with a vengeance.
 
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