When looking at the NASDAQ on the weekly charts we can see that two peaks have formed and a Doji has formed from last week on what can be the third peak of a "Triple Top Reversal" pattern. What may give this some credence is that darned Doji from last week may be forming an "Evening Star" in candlestick speak which normally has a high reliability of coming to pass. We will have to wait until this week is over before we can start running around in circles though. The market has made an incredible "Coast to Coast" run of slightly over 14% since the beginning of this rally. If you still have any longs left just respect the stops you have set and as far as starting anything new, well... the MACD and RSI don't seem that bad but just remember plan your trade and trade your plan.
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