Friday, January 13, 2012

XLK/Technology

These charts probably should have been included in the AAPL post.

 This is the 15 min XLK chart, followed by the 30 and 60 min. Not only are they all in a deep leading negative divergence, there's good confirmation as to when the divergences really started, pretty much at the end of December/ early January.

 XLK 30 min

XLK 60 min

Interestingly, because MoneyStream rarely gives strong intraday signals. Also note the timing.
 XLK MS 15 min

 XLK MS 30 min

XLK MS 60 min

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