Wednesday, September 22, 2010

EOD Update

Looking at the DIA and the QQQQ, there is still 1 min positive divergences in effect. I'd guess we either see a run toward the end of the day or early strength in the morning. This is not a change of the long term trend, just information for short term traders.

2 comments:

Allan Folz said...

Thought you and other sub's would appreciate this:

Bill Gross admits on TV institutions get inside info

Quality Stocks said...

"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again." Jesse Livermore 1877 — 1940