Monday, April 12, 2010

Read this

That's my take and even though AA is down a little in after hours, we need to see the reaction tomorrow, as well as the six banks I mentioned-you may want to look into going short in one of those. 

Above is an hourly 3C chart-note the negative divergence (distribution) into the top-same with the blue (long term) 3C.
And here's today's 1-min 3C chart? Did someone know something as they sold into the gap up this a.m.?

I'll post trades tomorrow, but I want to see which way sentiment goes.

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