Monday, October 10, 2011

Dow-30 vs Dow-20 Transports

These are the actual averages, not the ETFs.
 Dow 30 1 min

 D-30 5 min

 D-30 10 min-big move for a day

 D-30 15 min, another big move for 1 day

 Dow-20/Transports 1 min

 D-20 10 min, another big 1 day move

 D-20 15 min one of the worst looking 15 min charts.

D-20 30 min at a relative negative divergence.

This is part of the reason I am willing to hold part of my short position, I just don't want too much exposure at such a pivotal point as I mentioned Friday.

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