Something is up and I think it has to do with the fact that if the markets close where they are right now, it would be one of the largest one day drops since summer.
Friday, January 28, 2011
Market Update-
Something is brewing, probably straight from the Plunge Protection Team
DIA 5 mins-this is as far as I could find positive divergences.
IWM 1 min positive leading
IWM 5 min positive leading
IWM 10 min positive leading and that's as far as the IWM went. The Q's are not included as they showed no positive divergences, but if the market moves, thy'll likely lift-"A rising tide lifts all boats"
SPY 1 min -very positive leading divergence.
SPY 5 minutes a relative and positive leading divergence-20 min is still confirming the negative downtrend with no divergences.
Something is up and I think it has to do with the fact that if the markets close where they are right now, it would be one of the largest one day drops since summer.
Something is up and I think it has to do with the fact that if the markets close where they are right now, it would be one of the largest one day drops since summer.
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