Still coiling and looking to break out. Natural gas stocks move higher and close near the highs of the day. Still battling resistance at 250. MACD says lower. Sets new all-time high and breaks through resistance.
Trend is clearly up, but stochastics says stocks are oversold.
Watch for test of 565. Dot com stocks coming off the top band of a Bollinger Band on a short-term chart. Bands getting narrower, but historical vol is in triple digits. Stand back, this one might explode. Last week's big winner gives back a large chunk of gains.