Your pop up blocker may be preventing the MarketSmith tool from opening.
Learn how to resolve this issue.
Today's distribution sure is different than the April 1997 rebound from the eight week sell off shown above.
Abe, Perhaps I am missing the point of your post, so excuse me, but when I look back to the April 1997 rally you highlighted, with a FTD on the S&P on day 7, I note that the NSDQ was divergent when compared with the S&P500. The NSDQ didn't rally and remained below its 200DMA over the following week. Any thoughts? Thanks. Brad
© 2013 MarketSmith, Incorporated. All Rights Reserved. MarketSmith® is a registered trademark of MarketSmith, Incorporated. All data provided by William O'Neil + Co. Incorporated unless otherwise noted.