Monday, November 5, 2012

Market update

So far it's been pretty quiet today, I suppose considering what tomorrow is, we shouldn't expect a lot of big moves on a day like today.

Short term 3C charts are biased toward the positive, but not screaming; leading indicators are neutral to a slight positive bias, again not screaming.

However I do think I might be something developing, it's not where I'd usually look, it looks a bit further out and more bullish than the rest of the day has been so far.

I'm keeping an eye on it and trying to confirm in other areas, I'll have some charts up very soon as I'm starting to see enough to start collecting them.



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