Wolf on Wall Street
Tuesday, October 4, 2011
The Averages
This is why I wanted to see range bound trade today
DIA 1 making a lower low at the red trendline, 3C making a higher low and a leading positive divergence.
The same for the IWM, a lower low in price at the red trendline and a higher low in 3C with a leading positive divergence.
Same thing for the Q's less the leading component.
And the SPY...
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