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Gary Tanashian
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Gary Tanashian is proprietor of Biiwii.com. Actionable, hype-free technical, macro economic and sentiment analysis is provided in the premium newsletter Notes From the Rabbit Hole (http://www.biiwii.com/NFTRH/subscribe.htm). Complimentary analysis and commentary is available at the 'Biiwii Blog'... More
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Biiwii.com's Notes From the Rabbit Hole
  • Dow Weekly 0 comments
    May 11, 2010 2:18 PM | about stocks: DIA, SPY, QQQ
    Here is a chart that NFTRH originated a few weeks ago to track the coming of the wave 5 top-out in the 'drive to 5'. And yes, the trigger down by MACD below its previous high (with Dow well above its previous high) did indeed turn out to be a bearish divergence.





    Disclosure: No position in broad market, long precious metals sectors
    Themes: dow, stock market Stocks: DIA, SPY, QQQ
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