Wednesday, August 24, 2011

Transports Look AMAZING

 DJ-20 60 mn chart, that's a huge leading positive divergence.

 This is what I expected and still wonder if the broader market will do, a head fake new low on a "W" bottom, look at the relative divergence between the first low and the second lower low!

 The 15 min chart is even more amazing, and it's in a leading positive divergence.

As is the 10 min chart.

I'd definitely be looking as some transports...

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