Thursday, November 8, 2012

Market Update

If you recall how I described the most probable outcome yesterday in yesterday and today's consolidation sideways, that's basically what's .

I think we are very close to the market turning up here shortly as the timeframes on most of the averages from 1-5 mins are now positive, which is what we were looking for, positive 3C divergences in to lower prices.

Here's an example with ES, but most averages have most timeframes positive.

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