looks to me like the Markets state side are putting in classic chart signs of HUUUGE blow off top pattern characteristic of markets rolling over.
I expect a reversal in many big rises Apple Microsoft Adobe NVidia to put some names out there.
All appear highly over bought. Huge spike in Nasdaq pre open today 2.28pm followed by drop off tells me there were some massive shorts traded which caused the covering trade spike. I wouldnt be surprised to see the Nasdaq sell off to close the day in negative territory. And wouldnt be surprised if wee see a big sell off sometime over the festive period like last year.
Few folks at their desk THIN trade and false sense of security is perfect for the BIG TRADING HOUSES TO PUSH THE LIQUIDATE BUTTONS!
all the classic signs of a top forming expecting a crash when folks least expect it day after Boxing Day, New Years Eve, Day after new years day ……………… Lets see