Busy chart, but here are the highlights.

  • Markets continue to rise w/o a serious correction
  • Volume shrinking
  • NYMO fails to hit new highs as market rises
  • TRIX is stalling

I may be reaching here and maybe I’m seriously deluding myself into thinking this market is going to sell off, but even if we were in a new bull market nothing goes straight up. How come we don’t hear any “retest” callers out there? That in itself should scare some of the bulls.

djia