The indices finally got some of that downside action I’ve been expecting. The technical damage was a lot worse on the Nasdaq than the S&P though. The Nasdaq looks like it’s confirmed a triple top but the S&P is still about 10 points from completing a similar pattern.
I have to post a chart of Google after the very wild day it had today. I knew I didn’t like the drifting higher on low volume that the stock did over the last week or so. Now it’s looking like a potential double top.
