Monday, June 27, 2011

Market Update

It looks like we'll see some downside or consolidation laterally as some short term negative divergences are showing up in the averages.
 DIA 1 min

 QQQ 1 min

 SPY 1 min.

XLF 1 min. This is one of the new 3C versions I mentioned. I'll be testing it this week, but I did confirm the finding's with XLF's usual 3C version. This is a broader view in 3C, less detailed, but I think useful in extracting some noise. If it tests well, I'll be glad to share it with members using 3C.

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