Monday, September 19, 2011

Market Update

That was a good example of underlying action, remember the 3C leading positive 1 min divergences as the market had moved a bit, but not much yet, then the Greek's say there will be no statement, then a statement comes out and the market fulfills those leading positive divergences. That is inside information and Wall Street trading it.

Here are the recent charts.
 DIA going negative

 IWM going negative

 QQQ going negative

 SPY going negative


TICK chart negative divergence and ready to break the channel to the downside.

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