Tuesday, June 29, 2010

Update

As of now, the 1-min hasn't showed any real divergences other than the one I mentioned earlier, for the most part it has been in lock step confirming today's price trend, however, the 5-min chart fell and quickly recovered in 4/5 charts. As I said last night, I was looking for strength later in the day, so it appears that is what we have as of now. I will continue to update, we should get a 1-min positive divergence before any move up, when it appears or "if", I'll let you know.

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