Monday, October 18, 2010

Amateur Hour, Attempt at Front-running?

That's kind of what it looks like.





All 3 averages are showing negative divergences on this move.

3 comments:

JC said...

Looks like they are trying to shake some shares out of FAZ. Is 3C showing a strong positive divergence into this morning selloff?

Brandt said...

1 1-min in line- 2 in positive divergences, all the 5 min in positive divergences Jack. I think I'd agree with you.

JC said...

Odd when they have to bet against themselves, strang market indeed.