Thursday, August 5, 2010

And Here It Is...


Red arrows-negative 3C divergences, white arrows=positive divergences and orange is 3C. The two red lines at the very top and bottom of the chart are the resistance zone I spoke of last night when I said they'd try to keep it rangebound within this zone today.

*It wouldn't surprise me to see a late day push to run prices up in after hours.

2 comments:

JC said...

looks like they are going to have to try and keep the market steady into the close.

Brandt said...

Exactly-or if they can run it up in AH-just more profit assuming I'm correct about the jobs report.