NDX: Small gains, smaller divergences...still

NDX Daily Chart: Close 02/27/12

Buyers arrived on the 'dip', enough to scare the shorts?

NDX100 - 'Showtime'???

NDX100 Daily Chart 02/22/12 + McClellan Oscillator

It's 'put up' or 'shut up' time for the Oscillator, as last Friday's 'major move' signal expires by week's end.

NDX100 - Patience

NDX100 Daily Chart: 02/17/2012

The McClellan Oscillator (lowest indicator) is @ the Zero Line, failure here (lower NDX100) and a correction is 'underway'.
Negatively divergent RSI and falling MACD (blue columns) adds to the 'excitement' (if you're a bear)!
The catalyst?

Copper (Industrial Metals): "Full steam ahead" ???

COPPER Daily Chart: 02/17/2012

The 'good' Dr Copper is suggesting something other than what equities are telling us?
Chinese demand concerns are 'blamed', perhaps we should 'care' as well.

NDX100 still below the highs.......Apple as well

NDX100 Hourly Chart: Close 02/16/12

Apple (AAPL) remains well shy of its highs scored on yesterday's Key Reversal.
The NDX100 is close, with the S&P500 indeed rallying to new highs.
'Non-Confirmation' of the NDX/S&P; whilst it holds, and the thesis of 'highs' being potentially in place remains valid.