http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=0&mn=9&dy=0&id=p52350072891
One way to use them...determine trend, bull or bear.
Then if you are in bull, and you see a bearish setup, you best set your sights on a short duration trade, and if it goes your way, immediately move stop to breakeven...
The Nasdaq summation index went bear last week.
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Insightful and Useful Comment!