Thursday, September 29, 2011

Commodities...

GCC 60 min chart distribution at the top


 GCC-commodities, pretty closely correlated with the market

 GCC 5 min leading positive divergence

 GCC 10 min leading positive divergence, it also based/accumulated at the same time as the market.

GCC 15 min leading positive divergence.

I have a feeling I have an idea what this is about, it ties in to the possibility of a longer trend up that I have discussed and the catalyst for such a move. Something was said today that makes this all seem to fit. I'll cover it after the close.

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