Tuesday, November 13, 2012

Opening Indications

All of the opening indications are strong, the averages opened on the gap down in to positive divergences, several made some large gains yesterday, for instance the Q's for one....

 1 min opening in to a positive divergence on the gap down.

 2 min hit a large leading positive new high yesterday

3 min did as well, so did the 10 and 30 min. Like I said about BIDU, I don't trust that move down, I don't trust this gap down, it feels like something is underway.

I'll be watching BIDU carefully and considering adding there. I usually don't trust early trade and that's probably why I'm a bit hesitant and wanting to see more, but there are some very bullish indications in front of us right now.

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