'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Thursday, August 22, 2013

NASDAQ TO 'NASDARK'

The market was struggling moving upwards today when the Nasdaq (indices) experienced a breakdown around noontime and able to resume its trading activities two or three hours after. It's like a patient who loses its breath in the middle of the bypass surgery and was revive only through resuscitation. The chart below shows how it 'lost its breath'.