2/10/2026
The 2025 rally was tech based. Here is the daily bullish percent for the NDX. PMO is bottominfg/ The MAs in the large chart look like they too will soon bottom indicating a change of direction. Hard to believe but after all my bearish comments the last few weeks, ok months, this looks like a buy even though everything is wildly over bought.
Summation Index for NASD looks like it is bottoming as well.
Monthly DOW
At top RSI is certainly extended. PMO at bottom is high but it has been higer before breaking over. Trend is near vertical which is NOT the time to buy. Strange times. More tomorrow
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