Tuesday, September 13, 2011

More indications

FX also suggests more upside in stocks...
 FXE-Euro ETF is in confirmation, this supports equities.

 The 5 min hart is leading, also positive for equities, but notice a slight negative divergence inside the box.

 The 10 min chart is leading positive

 As is the 15 min chart.

UUP/$USD has a 1 min positive divergence, suggesting we may see a bull head fake tomorrow.

 UUP-the $USD 10 min is leading negative-positive for stocks.

 So is the 15 min chart...

Treasuries.

 There's a 5 min positive divergence in TLT, suggesting there may be a long head fake tomorrow.

 The 10 min is in line

The hourly is ugly, since this is a safe haven trade, this is positive for equities.

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